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Factoid/2014/03/18

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< Beachapedia:Factoid‎ | 2014‎ | 03


National Flood Insurance Creates the Wrong Kind of Incentive

"...the property has sustained significant flood damage from coastal storms at least nine times. And each time, the federal government helped owners rebuild with National Flood Insurance Program payouts — a sum estimated to total more than three-quarters of a million dollars over the years." - excerpt from article in Boston Globe. What is being done in Florida.

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