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MENENDEZ TO INTRODUCE FLOOD INSURANCE FIX - InsuranceNewsNet

The National Flood Insurance Reauthorization Act of 2021 is being introduced by U.S. Sen. Bob Menendez, Democrat of New Jersey, where the 2012 storm damaged or destroyed more than 70,000 homes and caused billions of dollars in damage. The Federal Emergency Management Agency's Risk Rating 2.0 could lead to rate hikes of 5% to 18% a year-- or 25% a year for vacation...
United States New Jersey Bob Menendez Superstorm Sandy Sherrod Brown Bill Cassidy

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