Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Less than a fifth of all US homes in flood regions are covered by flood insurance.
FEMA's definition of 100 year flood plain doesn't take into account issues of climate change and sea temperatures.
Insurers are entering the market with a range of new products and innovations.
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.
Between 5% and 15% of US properties are covered under flood insurance.
