COVID-19 may have carried most of the headlines again in 2021 but flooding across America and issues related to flood insurance continued to make the news as well. While Hurricane Ida worked its way from the Gulf to the Northeastern seaboard in late August, Federal Emergency Management Administration (FEMA) was rushing to implement the National Flood Insurance Program’s (NFIP) Risk Rating 2.0 for an October 1st start date.

With climate change and the peril of flood growing in importance and the NFIP’s revised rating system now in place, what can agents and brokers expect in 2022 and beyond? More flooding and continuing unintended consequences flowing from an ill-conceived implementation of Risk Rating 2.0 by the NFIP.