Filed Under:Markets, Personal Lines

Mississippi Governor Signs Bill Avoiding NFIP Non-Compliance for 75,000 Properties

Mississippi's governor signed a bill which avoided the possibility of 75,000 properties having to secure more expensive private insurance.

The problem stemmed from state-housing codes, which exempt hunting and fishing-camps from floodplain regulations. This conflicts with NFIP requirements, which mandate that all properties in floodplains be built to code.

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