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Factoid/2009/06/24

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< Beachapedia:Factoid‎ | 2009‎ | 06


The Need for Reform and the National Flood Insurance Program

"Most needing reform, Christophe Tulou says, is the National Flood Insurance Program, which currently does the job no insurance company in their right mind would do. Created in 1968, NFIP provides inexpensive flood insurance for property owners in high risk areas. Thanks to Hurricanes Katrina, Rita and Wilma in 2005, FNIP is $19.2 billion in the red,..." - excerpt from this The Jamestown Press article.

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