Over 250,000 US Properties Face Repeated Flood Insurance Claims
Over 250,000 US Properties Face Repeated Flood Insurance Claims

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A recent report reveals that over 250,000 properties in the U.S. have made repeated claims under the National Flood Insurance Program (NFIP), leading to significant financial losses for the program. Data compiled by the National Resources Defense Council indicates that states such as Louisiana, Texas, Florida, and New York account for a majority of these repetitive loss properties. Experts attribute the increasing frequency of flood damage to climate change, outdated infrastructure, and risky development practices. The NRDC has suggested several reforms, including updating floodplain development standards and improving flood risk awareness for home buyers and renters.

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