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Two new developments hold promise for the private flood insurance

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<title>Two new developments hold promise for the private flood insurance</title>
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<namePart>Miller, Lisa</namePart>
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<abstract displayLabel="Summary">Recent news that federal financial regulators have adopted a final rule compelling lenders to accept private flood insurance, together with a renewed effort to adopt a model flood insurance law for all states to encourage a private market, bodes well for consumers and the growing private insurance sector. Not only will these developments create more available and affordable flood insurance options, but they will also shift more risk onto the private market and away from the federal government's debt-burdened, taxpayer-subsidized National Flood Insurance Program (NFIP).</abstract>
<note type="statement of responsibility">Lisa Miller</note>
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<topic>Mercado de seguros</topic>
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<topic>Inundaciones</topic>
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<topic>Evaluación de riesgos</topic>
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<topic>Seguro de riesgos extraordinarios</topic>
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<topic>National Flood Insurance Program</topic>
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<geographic>Estados Unidos</geographic>
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<title>Risk management & insurance review</title>
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<publisher>Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-</publisher>
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<identifier type="issn">1098-1616</identifier>
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<text>01/03/2019 Tomo 22 Número 1 - 2019 , p. 7-13</text>
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