Failure to Enforce Flood Ins. Rules

The issue of insurance, who does or does not have it, and what authorities do to enforce the requirement is a really big issue right now. And with the NFIP due to expire this month unless reauthorized, let’s hope the key decision makers are paying attention.

From Bloomberg News: Hurricanes Highlight Failure to Enforce Flood Insurance Rules. “Government-backed mortgage holders in high-risk areas are required to maintain a policy. But federal agencies are playing “not it” over who has to hold them accountable.”

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