Tag Archives: NFIP

Rewarding Poor Planning

It’s hard to get timely, accurate information. In the early years of the 21st Century, some group was tracking the transfer of dollars from the federal Treasury to the states, which generally showed that the majority was in the form of various kinds of insurance subsidies: mortgage insurance, housing insurance, health insurance, flood insurance, crop insurance and higher education loans. I’m not sure if that covers the water-front, but the data collection stopped, perhaps in response to objections from the insurance industries at having their transfer function exposed.
Continue reading