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Proposed changes to US flood insurance program could hike rates – But rates are likely to go up in neighborhoods with the greatest exposure to flood risks, which could hurt property values in those areas, according to Michael Berman, a former chairman of the.
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Insurance rates seen rising in flood-prone areas with Trump plan – But rates are likely to go up in neighborhoods with the greatest exposure to flood risks, which could hurt property values in those areas, according to Michael Berman, a former chairman of the.