Floods: An Impending Partisan Disaster
Floods: An Impending Partisan Disaster
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Floods: An Impending Partisan Disaster
A new Fed study warns that most expected flood losses are uninsured — and the lack of protection is more acute among Republican locales.
According to the study’s authors, “our results suggest that household beliefs regarding future climate risks may be a larger determinant of underinsurance” than “policies that change the price of flood insurance.”