September 14th, 2017

Disaster insurance needs an overhaul

Economics & Politics

The federal government provides formal and informal disaster insurance to the states. Formal programs include the National Flood Insurance Program, while informal insurance comes in special recovery grants following major disasters such as Hurricanes Katrina, Sandy, Harvey, and Irma. We urgently need an overhaul of such funding, starting with the recovery in Texas and Florida.

Read more in The Boston Globe.

 

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