Some of you may not know that the Federal government is the ONLY flood insurer. Any insurance agency can write a flood policy and they are glad to do so because it generates a small profit for the agency and company and the company assumes no liability.
This, imo, is a better plan for health insurance than the one we now have.
Actually, Pete, there are carriers that write flood outside NFIP. Few... and for unique risks and XS flood limits, but they are there.
More private companies would write flood if NFIP wasn't subsidizing so much premium and making it unprofitable at the current rates (hence the BW12 "fix").
Florida cedes $4 in premium for every $1 it receives in claim payment. Let that settle in for a bit...
