The result of nationalizing the U.S. flood insurance industry has been a catastrophe all its own. Taxpayers have lost over $40 billion and counting.
New analysis demonstrates a disparity in the benefits of high-income and low-income groups participating in the NFIP.
Natural disasters are an ongoing threat for which brokers and their clients need to be prepared at all times.
Data from the federal government reveals that many FHA-insured homeowners are not meeting the mandatory flood insurance requirement.