Marsh urges US flood programme reform

Marsh has urged US policymakers to reform the National Flood
Insurance Program (NFIP) to strengthen its role in the US flood
insurance market.
NFIP is the primary underwriter of flood insurance in the US,
under the jurisdiction of the Federal Insurance and Mitigation
Administration within the Federal Emergency Management Agency.
Consumers can either establish a relationship with private
market insurers that have contracted with the NFIP or they may go
directly to the programme itself to purchase