Should railroad workers strike, insurers would quickly face inflationary pressures from the supply chain slowdown.
“In order to hold in the manner in which you’re arguing we would have to read 'purchase' to mean any change in coverage," said Justice Christine Donohue, who sits on the Pennsylvania Supreme Court bench.
Previously, only NFIP insurance was allowed for FHA-insured mortgages, which limited consumers’ options, HUD reported.
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