U.S. commercial mortgage-backed securities are now so large and so diverse that they will periodically be impacted by most U.S. natural disasters. Market participants and the Council agree that flood insurance is generally harder to obtain from private insurance carriers than wind insurance and, when obtained, comes with limitations. Flood insurance is expected to be a part of the White House’s overarching national catastrophe plan. The Council’s documents below currently pertain to flood insurance.
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Featured Documents
> S. 3814 - The NFIP Extension Act of 2010
> CMSA, Coalition Urge Extension of NFIP
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