Homeowners brace for more expensive flood insurance as FEMA launches changes to program
CNN
Homeowners in some flood-prone areas are bracing for rising insurance rates as FEMA launches a revamp of its flood insurance program.
The changes to the National Flood Insurance Program mean than three-fourths of existing policyholders will see higher flood insurance bills, as climate change increases the threat of flooding from storm surge, extreme rainfall and river flooding across the country.
One homeowner on the New Jersey shore told CNN she thinks the new changes could be disastrous for homeowners.
President Joe Biden has given permission to Ukraine to strike inside Russian territory with American munitions, though he has restricted their use so Kyiv can only hit targets over the border close to Kharkiv after Russia made significant advances around the city in the northeastern part of the country close to the Russian border, two US officials told CNN.