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Federal Flood Insurance Rates Are Rising, But Taxpayers Still Shoulder the Cost to Rebuild
A revamped federal flood insurance program means higher rates for many homeowners — including in areas where coverage isn’t required because the government previously deemed them low or moderate risk
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South Carolina Ups Its Relief Request for Hurricane Florence
South Carolina’s congressional delegation will be able to ask for more funds to provide relief following Hurricane Florence, thanks to a move by the state’s governor. In a letter obtained Saturday by The Associated Press, Gov. Henry McMaster told U.S. Rep. Tom Rice that he was increasing the estimate for community development block grant relief from $108 million to $435...
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Tips for Being Financially Prepared for the 2018 Hurricane Season
The Atlantic hurricane season begins June 1 and runs through Nov. 30. The National Oceanic and Atmospheric Administration expects 10 to 16 named storms and, of those, five to nine could become hurricanes. Here are some tips for making sure you’re financially prepared for the hurricane season. Check your homeowner’s insurance policy’s hurricane deductible, and make sure it’s something you...
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Is Flood Insurance Necessary?
News4 Consumer Reporter Susan Hogan spoke with an insurance expert to find out whether people who don’t live in flood zones should consider buying flood insurance.
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Fannie Mae, Freddie Mac Announce Mortgage Relief for Homeowners Affected By Harvey
Three federally-sponsored agencies announced Tuesday they are suspending foreclosures and evictions for 90 days on homes that have been affected by the catastrophic flooding caused by Hurricane Harvey. Homeowners with mortgages owned or guaranteed by Fannie Mae, Freddie Mac or the Federal Housing Administration qualify for relief on properties located within a “FEMA-declared disaster area that are eligible for FEMA...
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‘We All Survived': Louisiana Family Works Night and Day to Recover From Devastating Flooding
A Louisiana family displaced by the devastating flood shares their story.
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'I'm So Lucky': Homeowner Thankful Following Harrowing Louisiana Flood Experience
Kyung Kim sat for three days in the dark as 2 feet of water invaded her home.
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‘Taking it Day By Day': Months of Recovery Ahead for Louisiana Flood Victims
Clean-up will take months following deadly and devastating flooding in and around Baton Rouge.
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Philippines Ferry Capsizes Killing 36 People: Officials
A ferry capsized in the Philippines killing at least 36 people, officials said.