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FEMA Withdraws Penalties for Florida Property Owners After Hurricane Ian, Easing Flood Insurance Costs for Residents.

The Federal Emergency Management Agency (FEMA) has withdrawn its plan to penalize 125,000 property owners in Florida due to violations of national flood regulations following the devastation of Hurricane Ian in 2022. The decision, which shocked officials in Lee County on Florida’s southwest coast, would require residents of a large Florida coastal county to pay tens of millions of dollars a year more for government flood insurance. FEMA had previously threatened to revoke discounts it gives to county residents on their insurance premiums after county leaders failed to provide FEMA with records showing they followed federal rules for rebuilding property damaged by Ian.

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