The current selection process by the Financial Stability Oversight Council will be ongoing, not a one-time thing, according to the chief advisor to Deloitte Insurance Group.
Congress is currently deflecting intense pressure to roll back virtually all the increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law that won strong support when it was enacted.
Congress is currently deflecting intense pressure to roll back virtually all the increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law that won strong support when it was enacted.
A panel of the Senate Appropriations Committee has voted to effectively stop FEMA from implementing mandated NFIP rate increases for grandfathered properties.
A panel of the Senate Appropriations Committee has voted to effectively stop FEMA from implementing mandated NFIP rate increases for grandfathered properties.
The NFIP's dire financial condition and the limited scope of scheduled rate increases haven't prevented politicians from crying foul and seeking to delay reforms they championed a year ago.