NAMIC urges regulators not to criticize differing insurer risk assessments for property insurance rates, defending them as essential to a healthy market while referencing NFIP flood map concerns. The April 21, 2026 letter addresses potential 2026 rate increase scrutiny.
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