How Do We Encourage Greater Flood Insurance Coverage in America?

Dr. Martín recently testified in a House Financial Services Committee hearing, "How Do We Encourage Greater Flood Insurance Coverage in America?". He reviewed the challenges facing the National Flood Insurance Program (NFIP) in this moment, when the unwritten contract between insurers and government is being extensively rewritten. His testimony identifies six fundamental challenges to the widespread adoption of flood insurance, each of which provides an opportunity for federal intervention.