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New New Orleans Flood Maps Set Lower Rates

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(@paul-in-pa)
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After spending our $14.6 billion for improvements about 50% of New Orleans will see about a 50% reduction in insurance rates.

http://www.foxnews.com/us/2016/04/09/new-federal-maps-reveal-new-orleans-is-much-less-vulnerable-to-floods.html?intcmp=hplnws

Shouldn't those improvement costs be offsets by some return to us.

Paul in PA

 
Posted : April 9, 2016 5:20 am