“Changes to FEMA (and the NFIP) represent opportunity for the insurance industry,” said Dana Sutton, AVP, personal risk, flood practice at NFP. “It could lead people to move from the NFIP into the private market, which is an overall net good for the industry. More risk moving in the direction of the private market means lower rates and expanded coverages.”
Trump’s proposed FEMA revamp – how will it affect brokers and clients?
