Privatization and Climate Risk Will Expand the US Flood Insurance Gap (opens in new tab)

A Moody’s white paper released last week highlights growing concerns about flood insurance protection gaps — apprehensions amplified by a Federal Emergency Management Agency (FEMA) report proposing to make insurance even more unaffordable. The report points out that the number of homeowners who are inadequately covered is much larger than believed due to outdated FEMA The post appeared first on <a href="