It is also our goal to educate other states' legislators about the concepts in this language that have been tried and tested in Florida, working with all trade groups and industry stakeholders who came around the table to make it successful. (Photo: iStock)
With Congress once again kicking the can down the road on needed reforms to the National Flood Insurance Program (NFIP) until its next expiration on November 30, the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood coverage.
Last month, the National Conference of Insurance Legislators (NCOIL), a group of state lawmakers from around the nation, began taking a closer look at Florida's model flood insurance regulation to see if it can be used successfully to encourage a vibrant private market in all 50 states.
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