–The main story, which some websites have posted – "AP IMPACT: Flood insurance hikes still a peril," by David B. Caruso in Jersey Shore, Pa.: "As many as 1.1 million policyholders with subsidized government insurance will … be hit with steady rate increases. While no one is sure yet how high rates will go, there is cause for worry in cities and towns that rely on affordable policies to keep businesses afloat and prop up the local housing market. … [T]hanks to the congressional rollback, [the] rate will reset to where it was before — only to immediately start climbing again … [M]any say even the adjusted premiums will soon be beyond their means, though the question remains: Will the government continue to subsidize insurance in places that are increasingly untenable as sea levels rise and storms become more severe?

"820,000 homeowners will get hit with increases of up to 18 percent each year until the program is collecting enough revenue to cover a $24 billion shortfall created by the long-running discounts and a series of catastrophic storms. Owners of another quarter million businesses or second homes will see rates rise 25 percent each year, until premiums reach rates that match what building elevation surveys indicate is the true risk of flooding." goo.gl/RmW9sj

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