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The policy will force homeowners to also buy flood insurance — even if their homes aren’t in designated flood zones.
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FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.
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Risk Rating 2.0 is the first major change to the National Flood Insurance Program since the 1970s.
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Risk Rating 2.0 is the first major change to the National Flood Insurance Program since the 1970s.
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Your Flood Insurance Premium Will Probably Rise. Climate Change And Coastal Development Are To BlameRisk Rating 2.0 is the first change to the way the National Flood Insurance Program calculates premiums since the 1970s and represents the biggest shift since the program was founded in the 1960s.
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The updated Pinellas County maps are the result of a coastal flood risk study started in 2012 and under review since 2018.
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More than 4 million homes face substantial risk of expensive flood damage, a research organization says. Communities where flood insurance is already unaffordable face potentially catastrophic damage.
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More than 130 groups across the country, including eight in Florida, are calling on Congress to create a federal flood risk disclosure requirement.
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About 114,000 more Florida properties are at risk of flooding in a 100-year storm than the Federal Emergency Management Agency currently estimates,…
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Coastal flood zones across Florida are changing, and many property owners across Florida are seeing their flood risk go up – or down – for the first time…
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Congress has passed two spending bills to fund the federal government. President Donald Trump is expected to sign them, avoiding a shutdown. One...