Florida Matters: Flood Insurance
If you live near the water, you can’t rule out a flood. But a change to a federal law is poised to make living in flood zones a lot more expensive.
A change in the federal flood insurance program took place on Oct. 1. The 2012 Biggert-Waters Flood Insurance Reform Act now in effect gets rid of federal subsidies for flood insurance. Some homeowners in affected areas are looking at some major sticker shock, and people in the housing industry are more than a little concerned.
This is a big deal in Florida, and especially Pinellas County, which has more subsidized properties than any other county in the nation.
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Carson Cooper is a familiar voice. He has become a favorite of WUSF listeners as the local host of NPR's "Morning Edition" on WUSF 89.7 since he took the job in 2000. Carson has worked in Tampa Bay radio for more than two decades. He has been the host of WUSF 89.7's Florida Matters since its launch in 2006. During that time he has reported on a variety of issues of importance to the community, including growth management, education, transportation, affordable housing, taxation, public health and the environment.