News & Events
Flood Insurance
3/17/2014 11:04:47 AM
By: Insurance Information Institute /

February 2014

Because of frequent flooding of the Mississippi River during the 1960s and the rising cost of taxpayer funded disaster relief for flood victims, in 1968 Congress created the National Flood Insurance Program (NFIP). It has three mandates: to provide residential and commercial insurance coverage for flood damage, to improve floodplain management and to develop maps of flood hazard zones.

Read the full story here:

Posted by: Ellsworth Corp. | Submit comment | Tell a friend


Share and enjoy:   Facebook   Yahoo Bookmark


© Copyright 2019, Ellsworth Corporation. All rights reserved.