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FEMA Flood Insurance Overhaul
A major overhaul of the National Flood Insurance Program is finally underway in Congress. It’s been in desperate need of reform for years as storms grow more severe and the program falls into more debt. The new plan is expected to increase insurance rates in flood-prone areas. It could also impact home values in those areas, but the cost to insure individual homes will more accurately reflect the ongoing risk. www.NewsForInvestors.com