Post Profile

Ira Stoll on Expanded Flood Insurance Subsidies for Beachfront Homes

Four months before Hurricane Sandy hit the East Coast, President Obama quietly signed legislation expanding the federal program that offers axpayer-subsidized flood insurance to ocean-front homeowners. The extension of the flood insurance law was a textbook example of how the system in Washington works, or doesn’t work. Though billions of dollars and hundreds of thousands of lives were at stake, the extension got virtually no mainstream press attention.
read more


Related Posts

Homeowners Hit by Sandy May Save Thousands of Dollars

Business & Finance / Real Estate : Realty Check with Diana Olick

The fact that Hurricane Sandy was downgraded before it made landfall on the East Coast will save homeowners potentially thousands of dollars in home insurance deductibles.

Brian Kilmeade Wonders If Obama Cancelling Events For Hurricane Sandy A Sign His Campaign In ‘Disarray’

News : Mediaite

With Hurricane Sandy batters the East Coast, President Barack Obama has opted to cancel campaign events in battleground states in order to monitor the situation on the ground. With the president preparing to leave Florida after canc...

Some Insurers Won’t Pay Up For Hurricane Sandy Damage

News : The Inquisitr - News

Some insurers won’t pay up to Superstorm Sandy victims, telling them the damage to their homes was caused by flooding, which is only covered under the federal flood insurance program. Several hundred people whose homes were destroye...

Watch Matt Welch Talk About Subsidized Homeowner Insurance on Freedom Watch Tonight!

News : Reason

At 8 p.m. ET tonight, Reason Editor in Chief Matt Welch will go on Fox Business Network's "Freedom Watch" program to talk about asinine federal policies in place before a hurricane (or fire, or flood) hits. Related reading: Welch on...

Just Months Ago Obama Expanded Flood Insurance Subsidies

US Politics / Conservative : Say Anything Blog

Something interesting, in terms of federal policy, to keep in mind as Hurricane Sandy bears down on the east coast: The law extended the National Flood Insurance Program for five years while also opening the program for the first ti...


Copyright © 2016 Regator, LLC