X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Rowdy the dog finds refuge on an office chair in Harvey Cook's flooded home in Hammond, La., Friday, March 11. (Photo: Scott Threlkeld/AP Photo)

On April 28, 2016, the U.S. House of Representatives passed the Flood Insurance Market Parity and Modernization Act (H.R. 2901) on a 419–0 vote.

NAPSLO strongly supports this legislation because it makes clear to lenders that they may accept private flood insurance solutions just as they had prior to the Biggert-Waters Act of 2012. We believe it is critical that surplus lines insurers are eligible to offer private market solutions and alternatives to consumers with unique and complex flood risks.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

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 © 2021 ALM Media Properties, LLC. All Rights Reserved.