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Is the tide coming in for flood insurance reform?

One of the thorniest issues in financial policy is slowly trickling back into view for Congress — flood insurance. And the political dynamics have never been more interesting.

Flood insurance in the United States is a mess and how to fix it has bedeviled Congress for years. But the program is essential to coastal communities and other low-lying parts of the country.

The NFIP’s borrowing authority is set to expire on March 8.

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