Floods of the past do not give you the flood risk of the future. (Credit: Sergey/Adobe Stock)
With global catastrophe losses surpassing $100 billion for the sixth consecutive quarter, insurance companies are scrambling for better risk assessments.
Flood risk modelling is at the top for many in the wake of Hurricanes Helene, Milton, severe convective storms in the U.S. and recent flooding in parts of eastern and southern Spain.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
