Daily Digest: NFIP rating model in Republican crosshairs, Fires still major threat to boxships, M&A best practice

Catch up on the essential news and analysis from the Insurance Day experts

NFIP rating model in Republican crosshairs Insurers say Risk Rating 2.0 is boosting the private US flood market, but some Republican Senators have called for it to be abolished and for a return to a zone-based pricing model. Industry experts argue the Senators are essentially advocating for publicly subsidised flood insurance and hindering the development of a private flood insurance market.