BOSTON, May 9, 2019 /PRNewswire/ -- Sea levels are rising; rainfall is increasing; and flood zones are changing.
Do you know what effect the latter has on your company's flood insurance?
We buy property insurance on a particular property for a particular policy term and we expect that, at least until the end of the policy term, coverage will remain in effect on that property. There is some cynical behavior by the insurance industry with flood insurance however that makes that scenario not so certain anymore.
See the full story: https://licatarisk.com/2019/05/06/the-risk-intelligence-blog/
(c ) 2019, Licata Risk & Insurance Advisors, Inc.
SOURCE Licata Risk Advisors