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.
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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.
