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Coastal News Today | AL - State Grant Program to Help 3,000th Home Meet FORTIFIED Standard

Flood Insurance Premiums To Go Down For 46 Percent Of Hoosiers


Listen to the broadcast version of this story.
Flood insurance will be cheaper for more than 40 percent of policy holders in Indiana. FEMA changed how it calculates the premiums in the federal flood insurance program.
The agency said people with lower-valued homes have been paying more than their fair share of flood insurance. For decades, FEMA mostly based premiums off of whether you live in a flood zone and the property s elevation. But the new pricing system looks more at the risk to that specific home and the cost to replace it. It also takes into account more factors like heavy rainfall. ....

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Oxbow's Chase the Ace fundraiser gains momentum


Chase the Ace is a fundraiser that has gained popularity across the country.
In the case of Oxbow’s benefit, each week 20 per cent of ticket sales go to a weekly draw winner, 30 per cent to the ace jackpot, and 50 per cent to the recreation board. The weekly winner then draws from a deck of cards. If they draw the ace of spades, they will win the jackpot.
If the ace of spades is not drawn before June 16th, an exciting draw will occur until the Ace is drawn.
The recreation board hosts this event to raise funds for the five facilities it is responsible for in Oxbow: the community rink, the swimming pool, the memorial hall, the Ralph Allen Memorial Museum and Bow Valley Park. ....

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