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Flood insurance program updates hit homeowners hard

May 16, 2023
In some counties, the rates for property owners have increased on average more than 600 percent.
The federal government's flood insurance program is now more accurate in its risk assessment. That's affecting the price of buying insurance for many homeowners.
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Congress faces a deluge in fixing flood insurance

Dec 15, 2017
The National Flood Insurance Program is set to expire on Dec. 22, in a year that's seen more than $100 billion in estimated damages.
A man walks through a flooded street as Hurricane Matthew passes through St. Augustine, Florida, on Oc. 7, 2016. The storm caused flooding in Virginia also.
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Congress should have seen the signs that a Harvey-like event was coming

Aug 31, 2017
Politico's Michael Grunwald discusses a decades-old report about repetitive losses in the Naional Flood Insurance Program.

Full recovery from Harvey could take years

Aug 29, 2017
Former FEMA administrator Craig Fugate talks about what recovery from a flooding event of this size looks like.
People make their way out of a flooded neighborhood after it was inundated with rain water following Hurricane Harvey on August 29, 2017 in Houston, Texas. 
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Flood insurance problem: same houses, over and over

Sep 1, 2016
A report shows about 2,100 homes have been flooded — and compensated — more than 10 times.
Resident Tracy Thornton walks through a flooded Louisiana neighborhood in August.