Insurers join environmentalists calling for NFIP change

Incorporating better risk models and market-based pricing could
help make the deeply indebted US National Flood Insurance Program
(NFIP) more financially sustainable, an advocacy group backed by
some big insurers said today in Washington.
The SmarterSafer coalition that includes Chubb, Allianz of
America, Liberty Mutual and Swiss Re as well as public policy,
industry and environmental groups urged Congress to take those and
other steps to reshape the programme overseen by the Federal
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