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.
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NFIP, Flood insurance, Hurricane, Harvey, Texas, JBA Risk Management USA, Matt Reid, North Amrica
