US flood insurance: new model, new hope?

Companies: FDIC, Fema, Security First, Milliman, KatRisk, AIR, RMS, CoreLogic, ArcDesign, Aon

The federal flood insurance system has been setting milestones in mismanagement since it was introduced in 1968. Will a new risk model and other guidance improve the situation, and allow private insurers to participate? Sarfraz Thind reports

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