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Tuesday, March 25, 2014

Washington Is Encouraging The Next Hurricane Sandy, By Creating New Subsidies For Flood Insurance

... up the finances of the federal program and move to a more market-based system. The impact was swift. A longtime Greenwich, CT, family saw its flood premium rising more than ten-fold, from $458 to $5,500. A Rhode Island resident's policy on a ...

http://www.forbes.com/sites/realspin/2014/03/25/washington-is-encouraging-the-next-hurricane-sandy-by-creating-new-subsidies-for-flood-insurance/

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