Repetitive Losses Are Growing Outside of FEMA High Risk Maps
Analysts say the footprint for multiple flood loss properties is expanding and that properties with the most severe losses have an “outsized” influence cost.
Analysts say the footprint for multiple flood loss properties is expanding and that properties with the most severe losses have an “outsized” influence cost.
As Florida insurance carriers go under they are dragging down its guaranty fund.
Over 80% of insurers surveyed said their risk models will need to be upgraded or replaced.