OLDWICK, N.J.–(BUSINESS WIRE)– #insurance–Given the disproportionate number of homes with federal or private flood insurance in Florida, a significant number of them may not be covered against or underinsured against flood-related losses following several rounds of torrential storms across the state, according to an AM Best commentary. The Best’s Commentary, “Florida Flooding Losses Manageable but Expose Low Take-up Rates for Private Coverage,” notes that Florida is the largest flood insurance market in