FEMA Report: Rising flood insurance will drive 1M in market

ST. LOUIS (AP) – After being questioned by members of Congress, the Federal Emergency Management Agency said its new national flood insurance plan will result in more people signing up for help, although many will pay more.

But in a FEMA report obtained by The Associated Press under the Freedom of Information Act, the agency estimates that a million fewer Americans will buy flood insurance by the end of the decade — more people at risk of financial loss.