Brief History of Private Flood Insurance

JULY 2012  Flood insurance is a hot topic at the moment, the product is in flux. When the  Biggert-Waters Act was signed into law  in 2012, it was met with criticism and concern. This law set to remedy the long standing subsidized flood insurance rates that had subsequently bankrupted FEMA to the tune of 20 BILLION dollars. However, home owners cried foul and pleaded for … Continue reading Brief History of Private Flood Insurance