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The Conversation USA

Why flood insurance needs an overhaul: 6 questions answered

  • Written by Robert W. Klein, Professor Emeritus of Risk Management and Insurance, Georgia State University

Editor’s note: The Trump administration plans to significantly revamp the pricing of flood insurance. While some homeowners would see their premiums rise, others would benefit from lower rates. We asked an insurance expert to explain what the government program currently works and why it’s in dire need of fixing.

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