Federal Emergency Management Agency

That’s what happens when there’s a monopoly, said Mr. Poulton, the Lloyd’s underwriter. Over the years, he said, he has noticed that his customers are buying Lloyd’s earthquake insurance because it includes flood coverage. They do not like the government’s flood insurance because payouts are capped at $250,000 and have…

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Photo Evacuees after a rescue in Port Arthur, Tex. Credit Joe Raedle/Getty Images NEWTON, Tex. — For the streets of Newton, a small town on the Texas side of the Louisiana state line, to become impassable, “the flood would have to be biblical,” Kristen Rogers was told when she peeked…

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Here are Wednesday’s live updates on Harvey, now a tropical storm. HOUSTON — Five days after the pummeling began — a time when big storms have usually blown through, the sun has come out, and evacuees have returned home — Tropical Storm Harvey refused to go away, battering southeast Texas…

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