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Reason: None provided.

NFIP building coverage limit is $250k. Nearly every coastal home will have private flood insurance underwritten by an entity other than the government.

Surely an actuary, especially one working for a for-profit company, would recognize the global warming/rising seas risk and choose not to offer the product...yet you can still buy a policy. Why?

3 years ago
1 score
Reason: Original

NFIP building coverage limit is $250k. Nearly every coastal home will have private flood insurance unwritten by an entity other than the government.

Surely an actuary, especially one working for a for-profit company, would recognize the global warming/rising seas risk and choose not to offer the product...yet you can still buy a policy. Why?

3 years ago
1 score