What could private flood insurance look like in New Jersey and New York?

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By Nancy P. Watkins, John W. Rollins | 24 July 2018

Milliman recently collaborated with Risk Management Solutions, Inc. to model a potential private flood insurance market in New Jersey and New York.

This paper compares potential private flood insurance premiums to our estimates of the current National Flood Insurance Program premiums and analyzes the potential effects of a private market on consumers in New Jersey and New York.