As Congress considers reauthorization of the National Flood Insurance Program (NFIP), it should take into account specific insurance market, technological advances and other developments in weighing its options, according to the nation’s actuaries. A new report, “National Flood Insurance Program: Challenges and Solutions,” from the 19,000-member American Academy of Actuaries describes premium setting and program financing options for addressing the NFIP’s debt and future obligations, including both public and private financing mechanisms, and other possible reforms.