US hurricanes prompt Lloyd's to urge reform
In the wake of Hurricanes Harvey and Irma, Lloyd's of London is urging the US Congress to allow private insurers to play a greater role in providing flood insurance to US property owners. The US National Flood Insurance Program needs to be unburdened significantly in the face of changing weather patterns, said Lloyd's CEO Inga Beale. Allowing greater private insurance would also provide home and business owners with a greater number of options for coverage. 

By William Shaw (September 13, 2017, 10:46 AM BST) -- U.S. Congress must allow private insurers to play a greater role in flood coverage following the devastation wrought by hurricanes Harvey and Irma, according to Lloyd's of London....

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