The Trump administration has proposed a major revamp of the National Flood Insurance Program since its inception in 1968. Here’s why it needs fixing.
- Professor Emeritus of Risk Management and Insurance, Georgia State University
As Hurricane Florence is expected to pound the Carolinas with significant flooding, an insurance expert explains how the program designed to help the millions affected recover.
The bills now pending in Congress won’t do what it will take.
The federal government created a program in 1968 to insure homes in the US from flooding, yet few of the houses hammered by Harvey’s record rainfall were covered.
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