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Nov 23
Feds expand private flood-insurance option

​The Federal Housing Administration starting in December will give mortgagors the option of purchasing private flood insurance on FHA-insured mortgages for properties in special flood zones, reports the Insurance Journal (11/22/22, Laman). California is developing “sustainable insurance" in partnership with the United Nations, reports IBA magazine (11/18/22, Adriano).​

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