Trump’s proposed FEMA revamp – how will it affect brokers and clients?

“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 … Read more

RIMS sets legislative priorities for 2025

National Flood Insurance Program (NFIP): RIMS is advocating for the reauthorization of the NFIP, which is essential in offering flood insurance and encouraging private insurers to participate in the flood insurance market. Nonprofit tax reform: As new tax reforms are being considered under the Trump administration, RIMS is working with ASAE’s Community Impact Coalition to … Read more