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Relief in sight from flood insurance hike - The Galveston County Daily News : Local News

October 21, 2014

Relief in sight from flood insurance hike

Posted: Sunday, March 16, 2014 12:00 am

WASHINGTON — President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills.

The legislation, which cleared Congress on Thursday, reverses much of a 2012 overhaul of the government’s much-criticized flood insurance program after angry homeowners facing sharp premium hikes protested.

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