Flood Risk Exposure

Exposure to flood losses is rising, driven in part by growing development in flood-prone areas and poorly maintained flood protections such as dams and levees. As a result, commercial property owners need to assess their flood risks and act to mitigate potential losses, including taking steps to prepare properties and examining their insurance coverage options.

In this white paper, which is sponsored by Lexington Insurance Co., Business Insurance examines how flooding risk is changing, what is being done to enhance risk assessment and modeling, and strategies for loss control and risk transfer.