FEMA’s Risk Rating 2.0 Kicks into High Gear — More Controversy Coming

People are angry. The Federal Emergency Management Agency (FEMA) has put its flood insurance reforming Risk Rating 2.0 into effect. The idea behind the reforms is to make flood insurance rates through the National Flood Insurance Program (NFIP) actuarily sound. It will take a decade to complete and increases are phased in over time until …

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