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A few weeks back we questioned the sustainability of the National Flood Insurance Program (see original post here), new legislation has now passed in the House of Representatives. The first reform act in almost a decade will extend the program for an additional 5 years and hopefully address some of the problems of the current program. Read more from IJ here: http://www.insurancejournal.co?m/news/national/2011/07/13/206?129.htm
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