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The legislation aims to make flood insurance more accessible, resulting in more competitive pricing and options for consumers.

Experts say these loss projections exceed many individual company catastrophe budgets and further pressure full-year 2020 earnings.

The staffers made 'false representations in applying for coronavirus relief funds for themselves,' according to a memo.

This level of closures could lead to almost 159,000 job losses, state officials report.

The Category 2 storm was the second hurricane in six weeks to hit the southwestern coast of Louisiana.