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.
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