Insurers join group opposing expansion of federal flood program

03/26/2008 | Reuters

Insurers, environmentalists and consumer advocates have joined together to oppose a measure to expand federal flood insurance to include coverage for wind damage. They say expanding the National Flood Insurance Program will encourage building in unsafe areas. "Although our groups have differing priorities, we all agree that expanding the NFIP program to include wind damage insurance would overwhelm the (scheme)," the group said

View Full Article in:

Reuters

Published in Brief: