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Federal flood insurance carries 2 moral hazards " which you face depends largely on how wealthy you are
1+ day, 2+ hour ago (696+ words) By Ivis Garc'a, Texas A&M University Anyone who has been through a flood or hurricane knows the scene: waterlogged furniture piled on curbs, gutted homes with mold creeping up the walls, families displaced for months. But the recovery isn't…...
Resiliency, reinsurance key to hurricane season preparations
5+ day, 2+ hour ago (385+ words) By John Huff, Association of Bermuda Insurers and Reinsurers As Floridians prepare for another hurricane season, resilience can no longer be viewed as a once-a-year checklist. It must become a year-round commitment shared by homeowners, insurers, builders, policymakers and communities…...
Anti-climate policies driving up insurance costs for homeowners, experts say | The Invading Sea
5+ mon, 2+ week ago (840+ words) By Marcus Baram, Capital & Main An increasing number of American homeowners are linking those increases to climate change. A majority of them (72%) say that natural disasters such as hurricanes, floods and wildfires exacerbated by climate change are somewhat or very…...