Once again, we face a looming expiration of the National Flood Insurance Program (NFIP), with the program’s authorization set to expire on September 30 of this year. NFIP has received temporary reauthorizations eight times since 2008 and has gone into technical lapse on several occasions.
With mass government cutbacks to schools, public parks and other departments being announced every day, there seems to be no end in sight how deep these cuts can go. That’s why I was especially interested in an announcement from California Governor Jerry Brown's office.
It isn't easy being a risk manager in the middle of one of the worst economic downturns since The Great Depression, particularly if you are trying to control workers' compensation costs.