Bank of Canada Says Data Limitations Cloud Housing Flood Risk Outlook
New analysis says that banks with residential housing loans can withstand increased flood risk, but the insurance-based data could be “smoothing” the risk.
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Private Flood Insurance Future Could Be Off the Map
The recent push to increase private insurance and reinsurance market participation into the National Flood Insurance Program (NFIP) may come
Citizen’s Balks At US Senate Committee Probe Of Insurance Market and Models
In a terse response to questions federal lawmakers — including accusations that legislators are creating market “panic” — the Florida taxpayer-backed insurer says its finances are sound and questions surrounding it risk modeling practices misplaced.
New Zealand Model Shows 50% Overall Increase of Quake Risk
In its first update in a decade, New Zealand’s quake model may have significant consequences for the insurance market.
