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Hank Fishkind. Photo: Matthew Peddie, WMFE
Fishkind Economic Commentaries

Fishkind Conversations: Higher flood insurance rates heading for FL homeowners

Florida homeowners: if you live on the coast, brace yourselves for the possibility of higher flood insurance rates. FEMA is revising its National Flood Insurance Program, which relied on often-outdated maps that kept rates too low and accidentally encouraged development in flood-prone areas. And according to the cutting-edge technology FEMA’s using now, the biggest rate increases will be in the Sunshine State. Economic analyst Dr. Hank Fishkind tells WMFE’s Nicole Darden Creston how this affects Central Florida.
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