Disaster & Storm

Flood Insurance Gap Will Squeeze Local Governments, Homeowners, Moody’s Says

Moody’s warned that the shrinking National Flood Insurance Program could leave local governments and homeowners more exposed to flood losses. The report said the number of NFIP policies has fallen by roughly 470,000 since 2018, underscoring a growing coverage gap.

Insurance Journal · July 16, 2026 · 1 min read

Moody’s warned that the shrinking National Flood Insurance Program could leave local governments and homeowners more exposed to flood losses. The report said the number of NFIP policies has fallen by roughly 470,000 since 2018, underscoring a growing coverage gap. — according to Insurance Journal.

Source: Insurance Journal.

Topics: perplexitydisaster-storm

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