How Risk Rating 2.0 is Changing Flood Insurance Rates Flood insurance has been a misunderstood sector of the insurance industry since long before its creation as a monoline product. Before the creation of the National Flood Insurance Program (NFIP) in 1968, flooding was considered an uninsurable peril. Following a devastating period of flooding along the […] The post How Risk Rating 2.0 is Changing Flood Insurance Rates appeared first on National Flood Insurance.
