NU Online News Service, Dec. 22, 3:36 p.m. EST
WASHINGTON–The Federal Emergency Management Agency is making available a new flood insurance low-cost transitional program for properties that have been newly mapped into high-risk areas due to a flood map revision on or after October 1, 2008.
The agency sent out a bulletin Monday reminding insurance companies that the new Preferred Risk Policies (PRPs) will be made available starting Jan. 1.
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