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Our Views: On flood insurance, a rate increase that creates more risk for Louisiana

Por: The Advocate Opinion November 03, 2022

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The National Flood Insurance Program is not a private business; it was established under the Federal Emergency Management Agency when commercial insurers would no longer write flood policies.But the government program wants to impose higher premiums to cover its potential losses, arguing that that’s what private-sector actuaries do.We’re not alone in wondering whether FEMA understands either its program's mission, or the nature of... + full article



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