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Archive Home > 2012 > December > 03 > Katrina prompted needed flood insurance changes

Katrina prompted needed flood insurance changes


December 3, 2012

Reforms enacted because of Hurricane Katrina may lead to dramatic changes in middle- and lower-income neighborhoods in New York and New Jersey.

It’s a sad but necessary reality.

For too long, taxpayer-subsidized flood insurance has encouraged building and rebuilding in vulnerable....

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