Flood Insurance Subcommittee

This subcommittee proactively provides actuarial support, advice, and communications on topics that involve flood insurance and the National Flood Insurance Program. This includes seeking out additional audiences and topics to address so that the subcommittee can coordinate and respond to issues at the state and federal levels. This subcommittee actively interfaces with the NAIC, GAO, and CBO, among others.

Staff liaison: Lauren Pachman

Chairperson(s): Stuart Mathewson

Related Publications

Comment Letter on Comprehensive Flood Reform Bill
Flood Insurance Subcommittee comment letter to Congressional leaders concerning H.R. 4348, a bill to reform the National Flood Insurance Program and reauthorize it for five years. (June 28, 2012)
Presentation to NCOIL on Actuarial Rates in the Context of NFIP Hazard-Mapping
Extreme Events Committee presentation on actuarial rates in the context of the National Flood Insurance Program (NFIP) before the National Conference of Insurance Legislators. (July 17, 2011)
The National Flood Insurance Program: Past, Present...and Future?
Flood Insurance Subcommittee's monograph on the actuarial issues surrounding the history and future of the National Flood Insurance Program. (July 12, 2011)
Capitol Hill Briefing - Weathering the Storm: Placing the NFIP on Actuarial Solid Ground
Flood Insurance Subcommittee presentation regarding the actuarial condition of the National Flood Insurance Program (NFIP) and its future. (July 12, 2011)
Letter on S.1091 to Senate Banking Committee
Flood Insurance Subcommittee letter to the U.S. Senate Banking, Housing & Urban Affairs Committee concerning the actuarial implications of S. 1091, "The Consumer Option for an Alternative System to Allocate Losses (COASTAL) Act." The bill would reauthorize the NFIP for an additional five years and would create a system for allocating losses between wind and water for "slab claims," in which no physical structure remains. (July 11, 2011)
Congressional Testimony on the Reauthorization of the National Flood Insurance Program
Flood Insurance Subcommittee testimony to the Senate Banking Committee's meeting on the reauthorization of the National Flood Insurance Program. (June 30, 2011)
Letter on H.R. 1309 to House Financial Services Committee
Flood Insurance Subcommittee comment letter to the leadership of the House Financial Services Committee on H.R. 1309, a bill to reform the National Flood Insurance Program. (May 04, 2011)
Flood Insurance Subcommittee Presentation to NCOIL
Stu Mathewson, chair of the Academy's Flood Insurance Subcommittee, presentation before the National Conference of Insurance Legislators' (NCOIL) Property-Casualty Insurance Committee on the actuarial implications of the flood mapping update being done within the National Flood Insurance Program. (March 02, 2011)