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Fishkind Commentary: Flood Insurance

October 29th, 2013 | WMFE- The Biggert-Waters Flood Insurance Reform Act, which was passed in 2012, began to take effect this month. The Act extends the National Flood Insurance Reform Program for five years- with significant changes to all parts of the program including flood insurance, hazard mapping and flood plain management. Economic commentator Hank Fishkind tells 90.7's Matthew Peddie the changes will be expensive for homeowners with subsidized flood insurance.

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