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Senators oppose flood insurance requirement on properties near levees

from Insurance Journal

Two senators are pressing to remove a federal requirement that homeowners and businesses near levees and dams purchase flood insurance. Senators Thad Cochran, R-Miss., and Mark Pryor, D-Ark., have launched an effort to convince their colleagues to overturn a provision in Senate legislation that would require federal flood insurance coverage in areas already protected by levees, dams or other flood control structures. more

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