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New Census Bureau research confirms what private flood insurers have been betting on: flood exposure is concentrating among the wealthiest Americans, and the market is moving to follow it.
New Census Bureau research confirms what private flood insurers have been betting on: flood exposure is concentrating among the wealthiest Americans, and the market is moving to follow it.
A White House council's sweeping FEMA overhaul would replace loss-based disaster reimbursements with parametric block grants, accelerating both the retreat of federal flood insurance and the case for private catastrophe modelers as essential infrastructure in U.S. disaster finance.
