Saturday, August 17, 2013

Robert Hartwig, Flood Insurance Rates Surge, The Willis Report


Robert Hartwig of the Insurance Information Institutehttp://www.iii.org on FOX discussing the recent rise in flood insurance cost. The Flood Insurance Program is currently carrying a debt and because of this subsidies are being cut for many homeowners who have a flood policy in flood-prone areas. These cut backs will mean a break for taxpayers but for some homeowners their policies will rise in cost.

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