Hurricanes Harvey and Irma have racked up billions in damages. With pending legislative and regulatory changes providing further complexity, industry leaders and analysts share predictions on how the flood insurance market place may change the role of the private industry moving forward.
- Will private insurers be hesitant to write flood coverage, after Harvey and Irma?
- Will proposed NFIP reform legislation open up new opportunities for private flood insurance?
- How will risk-sharing define the future federal role in providing flood coverage?
- Challenges insurers will face in writing and managing more flood coverage
- Necessary conditions to keep flood insurance moving forward and out of debt
- How can we expect the flood market to change in the next three years?
- Can the private market really take the place of the NFIP? If so, how long will the transition take?
Chris Zambito — Chairman, FFMA
Leonard Shabman — Resident Scholar, RFF
Jenn Webb — Government Federal Affairs Counsel, IIABA
Meg Glenn — Consulting Actuary, Merlinos & Associates
Louis Hobson — CEO, Aon National Flood Services (NFS)
Dave DeMott — President, Gridiron Insurance