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efficiency
Diversity of funding needs within the industry
segmentation
Follow procedures necessary for compliance
Flood Fundamentals efficiencyHurricanes. Sea swells. Rainstorms. Snow melts. Ice jams. Any one of these things can cause flooding and substantial damage to your banks collateral and your customers property. FEMA, the government agency that exists to help Americans through the worst emergencies, doesnt have the ability or desire to foot the bill for every Act of God that wreaks havoc on the land. So they require flood insurance to help manage the risk through you, the friendly
