Catastrophic “hyperclustering” and recurrent losses: diagnosing U.S. flood insurance insolvency triggers
Abstract Although a cornerstone of U.S. flood risk preparedness since 1968, the National Flood Insurance Program (NFIP), is burdened by insolvency. Despite pricing and risk assessment reforms, systemic failures persist, resulting in the accumulation of billions in federal debt. This study presents a...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Nature Portfolio
2025-08-01
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| Series: | npj Natural Hazards |
| Online Access: | https://doi.org/10.1038/s44304-025-00136-w |
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