Senators target National Flood Insurance Program

Flood homeowners Insurance Program

Flood insurance generates more controversy in the US Two Senators from New Jersey have taken issue with the National Flood Insurance Program. The program is typically the only place for homeowners to find flood protection in the United States, but the program has been beleaguered by financial problems for years. These financial issues hit a height in the wake of 2011’s Hurricane Sandy, which caused an estimated $68 billion in damage in several states along the eastern coast of the country. Senators believes that federal insurance program may be avoiding…

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