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Flood insurance reform faces homeowner backlash and delays
Congress backed flood insurance changes aiming to end taxpayer bailouts, but homeowners in Staten Island New York along the Jersey shore and low lying areas in Louisiana Florida and Texas warn premiums could skyrocket. FEMA maps flag homes as below flood stage despite local levee protections, prompting calls to delay rate hikes for hundreds of thousands in risk zones.
MENTIONED IN THIS ARTICLE
Washington
Congress
Staten Island
N.Y
New Jersey
Louisiana
Florida
Texas
Robert Taylor
Des Allemands
Taylor
Federal Emergency Management Agency
Katrina
Rita
Isaac
U.S
Maxine Waters
D-Calif