Study: Hurricanes Harvey, Irma Triggered Uptick in Flood Insurance

Both hurricanes made landfall in the summer of 2017; Harvey hit Texas on Aug. 25, and Irma crossed into Florida on Sept. 10. The Texas Department of Insurance reported at the end of 2018 that the state's insurers estimated they would ultimately pay out about $20 billion for Harvey claims. The flood insurance study was penned by University of Illinois professor…