In the News The Private Sector Is Returning to the Flood Insurance Game
From Scientific American:
But that has changed in recent years as technology has enabled risk-modeling companies to assess the risk of individual properties, which lets insurance companies write policies, said R.J. Lehmann of the libertarian R Street Institute think tank in Washington, D.C.
“The market is growing largely because [insurance] companies are becoming more comfortable with the risk,” Lehmann said.