HOUSTON (AP) — The Federal Emergency Management Agency is refusing to provide money to help rebuild the small Texas town where a deadly fertilizer plant explosion leveled numerous homes and a school, and killed 15 people.
The last time I went to Waffle House I was attempting to avoid a disastrous hangover by getting some good food in my belly. When disaster strikes Amarillo, FEMA will be calling on Waffle House too. Not for food but to assess local damage.
Hurricane Irene may end up being one of the 10 costliest catastrophes in U.S. history. Industry experts currently put the storm’s damage at $7 billion to $10 billion; however, much of that destruction may not be covered by insurance because it was caused by flooding and not winds. Flooding is often excluded from standard insurance policies.
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