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Flood policies in deep water (The Westerly Sun)

Source: us.rd.yahoo.com
As the hurricane season approaches, the federal government’s flood insurance program is in financial disarray and scheduled to expire in September. Critics say the program needs a major overhaul as global warming makes flood losses more likely. Without changes, they argue, taxpayers will pay to rebuild pricey waterfront vacation homes. Many owners of high-risk property, however, may object to ...
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