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Post by pavel on Apr 26, 2016 10:18:52 GMT -6
Texas school districts rethink insurance policies after recent floodingThe Port Arthur school district plans to more than double its basic flood coverage when it renews in the fall, joining other local districts in guarding against millions of dollars in potential damage from monster rainstorms. Lack of flood insurance is a hard lesson to learn, as evidenced by Deweyville ISD, which is facing more than $12 million in repairs for its elementary school, heavily damaged in the Toledo Bend flood in March. School districts in the Houston area also are assessing damage from last weekend's heavy downpour.If a flood rivaling Houston's or the Sabine River area's occurred anywhere from Beaumont to Sabine Pass, flood insurance would offer some protection for a school district's taxpayers. On Tuesday, the Beaumont school district's Board of Managers learned BISD has $35 million in flood insurance coverage, said Cheryl Hernandez, chief financial officer. Read more: www.beaumontenterprise.com/news/article/School-districts-rethink-insurance-policies-after-7313532.php
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