There’s a Billion-Dollar Industry Between You and FEMA’s Flood Insurance
This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.'Even AI Rappers are Harassed by Police' | AI UnlockedCongress created the National Flood Insurance Program in 1968 as a way for the federal government to bear a risk that private companies wouldn’t. Since then, Uncle Sam has backed the vast majority of flood insurance policies in the United States.Yet it is impossible to buy or renew such plans directly with the Federal Emergency Management Agency, or FEMA, which administers the…