Daily Archives: June 25, 2013

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A Coastal Conundrum: Biggert-Waters Flood Insurance Reform Act and Coastal Insurance Policy

by CCCL Intern Congress passed the Biggert-Waters Flood Insurance Reform Act just two months before Sandy scoured the northeast, and “requires rates to rise 25 percent annually on some repeatedly flooded houses, second homes and businesses,” and on properties where the costs imposed by past floods exceed the property’s selling […]