09/10/2024
https://congress.gov...
"And, unfortunately, now you have only one valuation of risk that is being done, and that is by NFIP."
"And that is providing Florida and American homeowners more affordable consumer options in the flood insurance marketplace."
"the implementation of the Biggert-Waters Flood Insurance Reform Act of 2012, or BW-12, has proven to be problematic."
"if we are going to transition to a private market, is there sufficient capacity in the capital markets to do this?"