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For immediate release
New York Press Office: Michael Barry, 917-923-8245, michaelb@iii.org
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NEW YORK, July 2, 2021��—With Hurricane Elsa expected to impact Florida early next week, the (Triple-I) has editorial content and subject matter experts which can inform media coverage of the storm.

“The frequency and intensity of natural disasters and extreme weather events are rising,” said , CEO, Triple-I. “Insurers are responding with a host of strategies aimed at better understanding the risks of these events, to promote resilience and to close the protection gap.”

The Triple-I can offer reporters who are tracking Elsa insights into:

• Florida’s Flood �������� Market:�� Florida was home to 34 percent of all the in the U.S. as of 2019, with the state accounting for 1.7 million of the 5 million NFIP policies in-force nationwide.�� NFIP policies, and those offered by private insurers, are purchased to cover flood-caused property damage because standard homeowners, renters, and business insurance policies exclude flood coverage. ��Flood-damaged vehicles are covered under the of an auto insurance policy.
• The Location of Florida’s NFIP Policies:�� The Triple-I’s offers a county-by-county breakdown of where the state’s NFIP policies are situated.
• Florida’s Auto, Home, and Business �������� Markets: Florida’s auto, home, and business insurers collected from their policyholders $56.6 billion in (DPW) in 2019.

More than one in four (27 percent) Americans say they have flood insurance coverage, according to a released in September 2020. That was the highest percentage since the Triple-I began asking the question in its annual Consumer Poll in 2007.

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