New Politics and Government Study Findings Reported from Cornell University (An Analysis of National Flood Insurance Program Pricing In New York State): Politics and Government

2026 OCT 15 (NewsRx) -- By a News Reporter-Staff News Editor at Politics, Law & Government Daily -- Data detailed on Politics and Government have been presented. According to news reporting from Ithaca, New York, by NewsRx journalists, research stated, “Flooding is a major risk to human health and wellbeing and is an important cause and consequence of population redistribution. After decades of concern about outdated risk assessments and actuarially unsound pricing structures, in 2021 the U.S.”

Financial support for this research came from U.S. Department of Agriculture’s National Institute of Food and Agriculture.

The news correspondents obtained a quote from the research from Cornell University, “National Flood Insurance Program (NFIP) implemented a new methodology for risk-rating-the translation of estimated flood risk into insurance premiums-with the aim of aligning premiums with risk-based pricing. The new rating methodology is expected to result in significant premium changes for some properties, but the distributional impacts have not yet been assessed. This study investigates the impact of NFIP risk-rating reforms at the ZIP code level in New York State, focusing on their effects on flood insurance costs and flood insurance purchases. The study empirically examines how NFIP premium changes vary across ZIP codes and how rates of flood insurance purchase change in response. Results show regionally differentiated impacts. Upstate, the average projected premium increase is 30% points higher than downstate, and premiums are projected to increase more in rural areas with lower incomes. Downstate, projected premium increases are higher in areas with higher proportions of White homeowners. Insurance purchase rates declined more in areas with higher projected price increases, and price sensitivity was greater in downstate than upstate.”

According to the news reporters, the research concluded: “This study provides a first assessment of the impact of the new NFIP risk rating methodology in New York and highlights the importance of regionally differentiated analyses for accurately assessing patterns of policy impact across populations and identifying context-specific policy implications.”

This research has been peer-reviewed.

For more information on this research see: An Analysis of National Flood Insurance Program Pricing In New York State. Population and Environment, 2026;48(4). Population and Environment can be contacted at: Springer, Van Godewijckstraat 30, 3311 Gz Dordrecht, Netherlands.

Our news journalists report that additional information may be obtained by contacting Sharon Tennyson, Cornell University, Ithaca, NY 14850, United States. Additional authors for this research include John Aloysius Zinda, Kathryn Foster and David L. Kay.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s11111-026-00536-8. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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