Report: Some residents drop flood insurance after FEMA rate hikes

ABOUT 1 IN 11 RHODE ISLAND residents have dropped their flood insurance since December due to FEMA’s new system that some claim affects the state’s poorer residents, according to a report Thursday from WPRI-TV CBS 12. / PBN FILE PHOTO/BRIAN MCDONALD
PROVIDENCE – About 1 in 10 Rhode Island residents have dropped their flood insurance since December due to the Federal Emergency Management Agency's new system that some say affects the state’s poorer residents, according to WPRI-TV CBS 12.  The station on Thursday reported policies decreased from 11,104 on Dec. 31, 2021, to 10,133 on July…

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