The uproar over actuarial rates on flood-insurance policyholders through a 2012 law appears to be on its way to resolution in the short-term, and this is not a moment too soon for a beleaguered property and casualty insurance industry.

However, in general, the longer the uncertainty over the operation of the National Flood Insurance Program (NFIP) continues, the greater the possibility that Write-Your-Own companies and customers will just decide to withdraw from the program, in the wise words of an industry lobbyist both intimately involved in the negotiations over the latest bill as well as with quick access to the bean counters.

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