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FEMA renews reinsurance program to manage future flood risk
By Steven A. MeyerowitzFEMA transferred $1.32 billion of the NFIP's financial risk to the private reinsurance market.
Natural disaster and other weather risk management news and information for property & casualty insurance professionals. Tips to prepare and minimize insurance losses, as well as weather-related insurance claim updates.
FEMA transferred $1.32 billion of the NFIP's financial risk to the private reinsurance market.