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Flood insurance policy (Photo: iStock)

We were relatively fortunate in 2018. Hurricanes were a bit more merciful on the U.S. than in 2017—but that’s not to say we didn’t experience yet another arduous year. Hurricane Florence swept away entire towns in the Carolinas, while Hurricane Michael completely decimated coastal communities off the Florida Panhandle.

With combined insured and uninsured losses of about $25 billion, according to CoreLogic, these storms were nothing short of devastating. Yet they were not enough to spur lawmakers into action. Once again this year, Congress failed to do anything aimed at solving the nation’s flood insurance dilemma.

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