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Feds delay, cap insurance increases for homes in flood zones

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Thursday, March 27, 2014
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Flooding may not seem like an Arizona problem, but for homeowners in flood zones it's a real threat - and it was about to become costly. Congress in 2012 cut subsidized flood insurance, but the outcry over huge premium increases forced Washington to cap and delay the change. Cronkite News reporter Kimberli Horyza has the story.

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