Senator calls for reforms to National Flood Insurance Program

FEMA flood insurance

Insurance reform may be needed in order for federal program to survive Flood insurance continues to be a concerning issue in the U.S., where flood coverage is primarily provided through the National Flood Insurance Program, which is managed by the Federal Emergency Management Agency (FEMA). The federal program has become crippled by debt following powerful hurricanes that caused widespread flooding in some parts of the country. This debt has been augmented by the impact of Hurricane Sandy. Those living in the states hit hardest by this powerful disaster are still…

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