FEMA offers insurance rate cuts under remapping
Monday, May 24th, 2010 Catastrophe PropertyProperty owners across the country fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, a key lawmaker said. Sen. Dick Durbin of Illinois said the Federal Emergency Management Agency's decision to offer the cheaper rates on properties...
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