Category: Legal Updates

Lawmaker Wants to Model Flood Insurance Reform After Citizens Takeout Program

The depopulation program that keeps state-run Citizens Property Insurance Corp. from growing too large should be a model for reforming flood insurance nationwide. That’s the idea a Florida lawmaker is promoting as Congress faces a Sept. 30 deadline to reauthorize a National Flood Insurance Program burdened by $24.6 billion of debt and ever-rising premiums State […]