NU Online News Service, Aug. 17, 11:18 a.m. EDT
SEATTLE–An official with the Federal Emergency Management Agency (FEMA) told insurance commissioners that Congress' failure at long-term renewal of the National Flood Insurance Program (NFIP) could jeopardize the participation of carriers in the program.
Addressing regulators here at the National Association of Insurance Commissioners' (NAIC) summer meeting during a Catastrophe Insurance Working Group session on Monday, Edward Connor, acting Federal Insurance and Mitigation administrator, said with the Sept. 30 deadline looming, he worries about what effect that will have on private company participation in the program.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
