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It was 30 years ago today that Hurricane Andrew, the strongest storm to make U.S. landfall in more than two decades, gouged its way across south Florida,
WASHINGTON, June 8 -- The House Financial Services Subcommittee on Housing, Community Development and Insurance issued the following testimony by Reinsurance Association President Frank Nutter involving a hybrid hearing on May 25, 2022, entitled "Reauthorization and Reform of the National Flood Insurance Program":
WASHINGTON, May 26-- The Reinsurance Association of America issued the following news release on May 25, 2022:. In advance of the September 30, 2022 deadline to reauthorize the National Flood Insurance Program, Frank Nutter, president of the Reinsurance Association of America, today testified before the House Subcommittee on Housing, Community Development...
With this year’s Hurricane season rapidly approaching, the Reinsurance Association of America (RAA) has welcomed the Biden Administration’s pledge for $1 billion in funding for the Federal Emergency Management Agency’s (FEMA’s) Building Resilient Infrastructure and Communities program.
Four bills reintroduced this week to the US congress have proposed a number of reforms to the National Flood Insurance Program (NFIP), among which is the strengthening of FEMA’s authority to purchase reinsurance.