Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Congress will apparently not add catastrophic wind coverage to the National Flood Insurance Program. I’m sure that makes sense. It was obvious no one was going to accept the premise that the pricing would have been actuarially sound, which set up the argument that one group of people would be subsidizing the lifestyle of others, and even though our entire tax system is based on this premise, that’s an argument for another day.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.