How Washington Lobbyists Fought Flood Insurance Reform

“The catastrophic weather in Texas has thrown the spotlight on the federal government’s troubled flood insurance program, which is nearly $25 billion in debt after huge payouts following Katrina, Sandy and other devastating hurricanes. But as Houston starts the long process of recovering, lobbyists in Washington have already maneuvered to slow lawmakers efforts’ to overhaul the National Flood Insurance Program and protect their industries’ profits.”   More …

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