A process to renew reinsurance for the National Flood Insurance Program (NFIP) could lead to expanded cover, but the Federal Emergency Management Agency (Fema) may be forced to pay a rate increase of 20 percent or more.
A process to renew reinsurance for the National Flood Insurance Program (NFIP) could lead to expanded cover, but the Federal Emergency Management Agency (Fema) may be forced to pay a rate increase of 20 percent or more.