CBO Report on National Flood Insurance Program Financial Soundness and Affordability

Produced by: Congressional Budget Office

Format: White Paper

Published: September 1, 2017

Topics: Agribusiness, Analytics, Claims, Climate, Personal Lines, Regulation, Reinsurance and Risk Management

Overview

Congressional Budget Office analyzes National Flood Insurance Program’s overall revenues, costs and shortfall; coastal and inland counties’ payments vs. costs; and average flood policy premium and flood insurance costs to households. Research based on 5 million NFIP policies in effect Aug. 31, 2016.

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