Fema is already broke and was funded 19 billion earlier this year, but we all now know that Flood rates will be on the rise for the next several years. The Federal Funding will be reduced and the prices will have to be actuarily sound!!!! This sounds like Citizens Insurance and another reason why Privatized Insurance will always work better in the long run. Please call L & S at 1-888-244-7400 for quotes on Home, Flood, Auto, Business & Commercial and Life Insurance products as well. Please enjoy the full article below as well;