Private flood insurers gain traction as NFIP’s prevalence drops: AM Best
Reinsurance News - Nov 16, 2022
A recent report from AM Best suggests that only 30% of Florida residents have insurance through the National Flood Insurance Program, down from 41% when Hurricane Irma struck in 2017, while private carriers increased their total flood insurance premiums by over 40% to surpass the $1 billion mark in...
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