Modeling hurricane flood risk. Now that U.S. flood models exist in abundance, demands for more and better flood-related data will multiple. (Photo: Shutterstock)

The first generation of U.S. flood models was introduced into the market only last year. While barely up and running, their developers face serious challenges already as a result of the lack of good data, which is essential in carrying out accurate probabilistic modeling, since it enables a well-constructed and calibrated model to deliver results that match experience over the years.

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