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January 22, 2016 in Carrier Management
Risk Prediction: Flood is the New Wind
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RMS CEO Hemant Shah said his catastrophe-modeling firm is making big investments in readying for water-related perils. He predicts that flood will be an ever-increasing driver of insurance risk. Shah explained his reasoning to Carrier Management Editor Mark Hollmer, during the Property/Casualty Insurance Joint Industry Forum in New York City on Jan. 12.
