Australia Balks at Government-Backed Reinsurance Fund
The private market should address ever increasing natural catastrophe losses and not a public pool, a long-awaited government report says, while acknowledging numerous modeling challenges.
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The Wealthiest Americans Now Carry the Most Flood Exposure. Models Don't Reflect That.
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.
