Flood Damage in America: 4 Crucial Lessons
View on GreenBiz website"In a paper recently published in the Journal of Risk and Insurance, we examine 35 years of residential flood insurance claims in the U.S., the first empirical study of such magnitude with more than 100 million policy-year data points. After reviewing flood claims for the U.S. between 1978 and 2012, what should a resident of a flood-prone area know? We offer four insights about potential flood damages."