Floods are the most common, most expensive, and most deadly natural disaster that communities across the United States experience. According to the Insurance Information Institute, approximately 90% of all US natural disasters also involve flooding from any number of sources, inducing inland flooding, flash floods, and flooding from seasonal storms.
Guy Carpenter’s Julian Enoizi, Head of Global Sector, testified recently before the House of Representatives Financial Services Subcommittee Hearing on Housing and Insurance about the need to improve readiness and mitigate the impact of flood damage.
Click image below to watch video of Julian's testimony