The expiration of the National Flood Insurance Program in September 2017 has led to much speculation about whether the Trump Administration would support an expansion of the private flood insurance market. (Photo: iStock)

When President-elect Donald Trump said, he wanted to “drain the swamp,” he may not have been referring to the sinking federal flood insurance program.

However, it is likely the nationalization of the flood insurance industry and years of federal interference in the sale of private flood insurance will not go unnoticed.

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