Risk Rating 2.0 Flunks Math Test As New Research Argues for Return of a Federal Flood Subsidy
The most praised flood insurance reform in 50 years may have made things worse: new research finds the optimal NFIP subsidy is 52 percent — almost exactly what Risk Rating 2.0 dismantled.
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The $27 Billion Question Beneath Venezuela's Earthquake
Venezuela's earthquake tore through the same coastal corridor Washington needs for its oil revival and exposed a risk-transfer vacuum no market can currently price.
