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Letters: Explanations by FEMA on flood insurance rates fall short

Por: The Advocate Opinion September 20, 2023

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In your article on Sept. 15, Mike Smith reported that FEMA stated that changes make the system fairer for everyone since the new formula (Risk Rating 2.0) weighs the risk of each individual home. How do we know what went into Risk Rating 2.0 when FEMA (and the Justice Department, which has oversight) will not reveal the factors that affected each flood insurance premium? FEMA states that the flood insurance determining factors are proprietary... + full article



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