The gist: FEMA will soon announce an overhaul in how it calculates flood risk. The changes, first reported by Bloomberg, could increase premiums, lower property values and change public perception.
Big, potentially costly changes coming for national flood insurance program
The gist: FEMA will soon announce an overhaul in how it calculates flood risk. The changes, first reported by Bloomberg, could increase premiums, lower property values and change public perception.