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Flood insurance changes run into resistance

2013-07-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Just a year after Congress imposed significant changes in the government's oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates for hundreds of thousands of people in flood-risk areas. The government can't say how many people could confront higher premiums, but homeowners in places like Staten Island, N.Y., along the battered New Jersey coast and in low-lying areas of Louisiana,...

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