Homeland Security Today: Tucked away into the larger, more publicized and debated Biggert-Waters Flood Insurance Reform Act of 2012 in response to Hurricane Sandy’s devastation of the East Coast that reauthorized and reformed the National Flood Insurance Program (NFIP) for five years through September 30, 2017, is a vital but problematic component: the Alternative Loss Allocation or Consumer Option for an Alternative System to Allocate Losses Act of 2012.
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