10 September 2017Insurance

Harvey shines spotlight on the NFIP

Flood losses triggered by Hurricane Harvey, which struck Texas at the end of August, are likely to push up the debt of the US National Flood Insurance Program (NFIP) and affect its reauthorisation set for the end of September, Matt Reid, managing director of JBA Risk Management USA, told Monte Carlo Today.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
1 November 2026   Reinsurance Capacity is returning to US casualty, but social inflation, nuclear verdicts, uneven tort-reform landscape, and rate adequacy continue to shape disciplined deployment, while international markets are seeing broader competition.
Insurance
1 November 2026   The era of a ‘god-like’ broker sitting at the centre of everything – is over. At Holborn, the idea of “my client” has given way to “our client”, explains Adam Manus, president and incoming CEO of Holborn Corporation.
Insurance
1 November 2026   US insurers are increasing their use of facultative reinsurance to pursue growth while managing capital and volatility.