Funding

Hurricane Irene Clean-Up Begins, Despite FEMA Funding Concerns [VIDEO]
Hurricane Irene Clean-Up Begins, Despite FEMA Funding Concerns [VIDEO]
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.