Consumer Institute calls for more private insurance in flood

With the National Flood Insurance Program (NFIP) on the brink of insolvency, a consumer advocate is proposing a solution that could potentially relieve the program of its financial woes while expanding the flood insurance options available in the market. In a special piece in The Hill, American Consumer Institute adjunct public policy expert Liam Sigaud suggests that private insurers hold the key to solving the NFIP’s financial concerns.

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