Serious Trouble With the National Flood Ins. Program
Recovery Diva
OCTOBER 19, 2024
From the WashPost, this opinion piece: As hurricane seasons worsen, taxpayers subsidize people to live in risky areas. Helene and Milton spotlight a federal flood insurance program drowning in debt. “The upshot is that FEMA flood hazard maps that determine coverage today rely on outdated information so inaccurate that more than 40 percent of NFIP claims made from 2017 to 2019 were for properties outside official flood hazard zones or in areas the agency had not mapped at all.
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