Archive

Guy Carpenter warns of "growing protection gap" in flood-risk areas of US

Texas floods exemplify perceptions and insurance uptake at odds with actual risk, broker says

Trump's Fema abolition threat will worsen US insurance crisis, says Elizabeth Warren

Florida urged to improve building standards as Fema cuts flood subsidies

State currently has highest insurance rates in US, nearly double second-placed Louisiana

NFIP has entered "actuarial death spiral", made flood insurance impossible to afford

Senators press for reform of government flood programme which now has over $20bn of debt

Fema's Risk Rating 2.0 comes under further political scrutiny

US government agency has until Monday to deliver documents on embattled flood model

NFIP suffered biggest ever flood loss from hurricane Ian

Private flood insurance market rose 42% in 2021, AM Best finds

Fema defends Risk Rating 2.0 flood model from criticism

But new model does not look to future climate change predictions

Risk Rating 2.0 "causing havoc" for US flood insurance

Senator Bill Cassidy accuses NFIP's new flood insurance model of raising rates

White House report highlights NFIP vulnerability to climate change

Fema is looking to revamp flood standards to account for worsening effects of climate change

US state regulators accused of hampering private flood insurance

Milliman says the vast majority of flood risk in US is uninsured as climate change impact grows