During 2017, the private flood insurance market expanded considerably with 50 new carriers. In total, insurers reported direct private flood insurance premiums written of $630 million, an increase of $217 million over 2016.

That’s according to Insurance Journal’s Top Private Flood Insurers 2017 Market Study.

According to the report, Florida had the largest increase with the addition of 12 additional carriers.  This is good news if these policies are written in true coastal counties.

Read the full brief here:

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