Society for Risk Analysis: How Could Rising Sea Level Impact the National Flood Insurance Program? Targeted News Service (Press Releases) HERNDON, Virginia, The Society for Risk Analysis issued the following news release: Insurance policy premiums from the National Flood Insurance Program (NFIP) allow policyholders to maintain a lower, grandfathered rate even when the risk escalates. But as coastal flooding increases due to rising sea level and more intense storms, new research published in the journal Risk Analysis suggests this grandfathered policy could lead to big losses for the NFIP. A team of experts led by Carolyn Kousky, executive director of the