Model Skepticism
There is an "expectations gap" between risk science and what the market and insureds are will to accept.
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As Hurricane Season Heats Up, Supreme Court Ruling Throws Federal Disaster Relief System In Doubt
FEMA faces a challenge to its future on another front.
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The federal government's costs tied to catastrophes has exploded over the past decade and may no longer be sustainable.
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Losses continue to dog insurers even in the best of times.