NAMIC urges regulators not to criticize differing insurer risk assessments for NFIP flood maps, defending them as essential to a healthy marketplace amid discussions on property catastrophe risk at the April 2026 meeting. The letter warns against policies that could stifle competition in homeowners insurance.
Source: mondaq. Original: https://www.mondaq.com/unitedstates/insurance-laws-and-products/1777002/nfip-flood-insurance-policy-pitfalls-what-south-carolina-policyholders-should-know-before-disaster-strikes