• LeninWalksTheWorld [any]
    ·
    3 years ago

    FEMA just reworked the national flood insurance protection to make it "more financial solvent" (ie. Raised premiums and make it act like a private company). Private companies usually don't offer flood insurance because it costs them too much when a flood happens, which is why the fucking government used to subsidize it but no more. People living in coastal areas are essentially just fucked now.