27 octobre 2013

Insurance costs rising for coastal colleges



http://www.universitybusiness.com/sites/default/files/UBTech_leadership.jpgBy Kylie Lacey. Premiums will increase by 25 percent each year until the “full risk rate” is reached. An ocean view may make campus tours scenic, but when it comes to flood insurance, coastal institutions will soon face a deluge of bills. Flood insurance subsidies for colleges and universities located in federally-designated flood zones ended on Oct. 1, when the Biggert Waters Act went into effect. More...
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