The billion-dollar industry between you and FEMA’s flood insurance

Grist
By Tik RootDec 12, 2023, 4:45 am1.4k ptsInterestingTop
Congress created the National Flood Insurance Program in 1968 as a way for the federal government to bear a risk that private companies wouldn’t. Since then, Uncle Sam has backed the vast majority of flood insurance policies in the United States. Yet it is impossible to buy or renew such plans directly with…

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