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NAR supports six of seven bills proposed to reauthorize, reform National Flood Insurance Program

What do you do when the House Financial Services Committee is working on seven bills that reauthorize and tweak the National Flood Insurance Program (NFIP) -- and you agree with six of the seven...
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Senate Poised to Reform Flood Insurance

Academics / Political Science : Cato @ Liberty

As I’ve written elsewhere, the National Flood Insurance Program (NFIP) has to rank as one of the most misguided and destructive federal programs.  In addition to subsidizing the destruction of the environment, it also encourages fam...

Is Flood Insurance Stupid?

Politics / US Politics : Kevin Drum

Matt Yglesias thinks that offering flood insurance to people who build houses in floodplains is idiotic: The National Flood Insurance Program [NFIP] offers sub-market insurance rates to people who want to build houses in very flood ...

Reforming National Flood Insurance Program

Utilities / Energy : The Energy Collective

With the Senate set to vote today on fixes to the ailing National Flood Insurance Program (NFIP), a new C2ES brief explains why the program is chronically in debt to the U.S. Treasury, and how to make it solvent. We urge, among othe...

Put Federal Flood Insurance Out of Its Misery

Academics / Political Science : Cato @ Liberty

By Mark A. Calabria The House of Representatives is scheduled this week, as early as today, to consider an extension and “reform” of the National Flood Insurance Program (NFIP), administered by FEMA. Since Hurricane Katrina in 2005,...

Senate Prepares to Roll Back Flood Insurance Reforms

Utilities / Energy : Cato @ Liberty: Energy and Environment

Mark A. Calabria A funny thing happened in 2012, Congress actually passed a bill that intentionally cut subsidies. In this case subsidies given to homeowners under the National Flood Insurance Program (NFIP). The Biggert-Waters Act ...

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