Author: Sam Toth

The High Costs of Extension and Reform of the National Flood Insurance Program

On July 6, 2012, President Obama signed the Biggert-Waters Flood Insurance Reform Act of 2012 (“Act”) into law[1].  The Act embodies the much-anticipated extension and reform of the National Flood Insurance Program of 1968 (“NFIP”). The Act extends the NFIP from August 1, 2012 to September 30, 2017 and provides much-needed certainty to more than… Read more