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National Flood Insurance Program

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Michigan Homeowners Dread Flood Insurance Rate Hikes

When the Calhouns bought their house 22 years ago, they paid $300 annually for flood insurance. That bill is now $800.

WWJ Newsradio 950–03/24/2014

Houses are seen submerged under water September 9, 2005 in New Orleans, Louisiana. (Getty Images)

House Acts To Overhaul Flood Insurance Program

Congress is trying to restore new fiscal life to a four-decade-old federal flood insurance program that was nearly sunk by Katrina and other 2005 hurricanes.

WWJ Newsradio 950–07/13/2011