Insured losses from floods doubled to $83 million during 2011-2020 as compared to the previous decade and global flood losses reached $20 billion in 2021 alone, according to Swiss Re. (Photo: bilanol/Adobe Stock) Insured losses from floods doubled to $83 million during 2011-2020 as compared to the previous decade and global flood losses reached $20 billion in 2021 alone, according to Swiss Re. (Photo: bilanol/Adobe Stock)

The Federal Emergency Management Agency (FEMA) recently updated its projections of Hurricane Ian claims handled through the National Flood Insurance Program (NFIP).

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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