Tuesday, March 2, 2010

National Flood Insurance Program expires, leaving home sales at risk | al.com

National Flood Insurance Program expires, leaving home sales at risk | al.com: "The National Flood Insurance Program expired Sunday night after Congress failed to pass a temporary extension of the program that is vital to protecting homes in the New Orleans area.

The lapse puts home sales at risk and could leave homeowners whose policies were scheduled to renew March 1 in jeopardy in the unlikely event that Monday's rains turned out to be heavy enough to cause flooding."