Nobody in the industry thinks this will happen, I can’t imagine a private market being willing to take it on. What we fear is a “mandate” from the legislature requiring all homeowners to purchase flood insurance whether or not it’s wanted or needed. Sort of like Obamacare.
Nobody in the industry thinks this will happen, I can’t imagine a private market being willing to take it on. What we fear is a “mandate” from the legislature requiring all homeowners to purchase flood insurance whether or not it’s wanted or needed. Sort of like Obamacare.