In the wake of Lloyd's of London , the US Congress is urging the US Congress to allow private insurers to play a greater role in providing flood insurance to US property owners. “We urgently need reform to the flood insurance market in the U.S. to make these communities more resilient,” Inga Beale, Lloyd’s chief executive officer, said. the US Congress needs to be unburdened significantly in the face of changing weather patterns, said Lloyd's of London CEO Inga Beale . Allowing greater private insurance would also provide home and business owners with a greater number of options for coverage.
In the wake of Lloyd's of London , the US Congress is urging the US Congress to allow private insurers to play a greater role in providing flood insurance to US property owners. the US Congress needs to be unburdened significantly in the face of changing weather patterns, said Lloyd's of London CEO Inga Beale . Allowing greater private insurance would also provide home and business owners with a greater number of options for coverage.