As an advocate of NOT building within the 100 year flood plain to begin I think this is progress. Amazing that the insurance companies may be the ones to put a stop to over building in our coastal regions giving wetlands a chance to re-establish themselves. Who would have thought! I guess in the end it all comes down to money.
Of course the battle isn't over as there is a federal flood insurance program. Leave it to the Feds.
You can listen to the entire interview at the following site, under Wednesday, May 15, 2008. Flood Insurance: Is it Worth Sinking the Money?: http://www.wypr.org/MD_MORNING.html