Friday, July 22, 2022 Business FEMA report: Flood insurance hikes will keep 1 million out of market By The Associated Press - July 22, 2022 FacebookXLinkedinEmailPrint When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. Already an INSIDER? Sign in.