Congress passed a bill seting the rates to be risk-adjusted in 2012, causing a 10x increase in rates in some areas. Congress then passed another bill in 2013 br

Congress passed a bill seting the rates to be risk-adjusted in 2012, causing a 10x increase in rates in some areas. Congress then passed another bill in 2013 bringing back the 1968 rates under Obama. https://en.wikipedia.org/wiki/Homeowner_Flood_Insurance_Affordability_Act_of_2013 https://en.wikipedia.org/wiki/Homeowner_Flood_Insurance_Affo...