The costly, unintended consequences produced by the US National Flood Insurance Program
Credit: Sveta K from Pexels Since the creation of the National Flood Insurance Program (NFIP) in 1968, the U.S. government has paid over $51 billion to cover flood losses. Almost half of these payouts went to just 25 counties, among the fastest-growing counties by population. A new paper published in the Journal of the Association
Michele Drews
January 25, 2024