NFIP reinsurance looks set to pay out as Hurricane Ian claims exceed $4.3bn

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Reinsurance News - Sep 15, 2023

The National Flood Insurance Program (NFIP) has now paid out more than $4.3 billion in claim payments for 2022’s Hurricane Ian, which should mean that its reinsurance pays out, Reinsurance News has learned. A FEMA spokesperson told us that the more than $4.3 billion figure is as of September 1...

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