Bamboo-zled! State Holds Property Owners Accountable for Bamboo Growth

Bamboo 1 resized 600Within Connecticut, planting of bamboo has become popular, particularly along coastal areas. However, most are unaware of how quickly and extensively bamboo can spread, and hence, the new liabilities property owners assume when planting.

The particular type of bamboo under scruitiny is known to regulators as “running bamboo.” Though not considered an invasive species in Connecticut, it has a root system that is particularly adept at spreading underground, and if not carefully maintained, will spread from one property to another. According to an article published February 17th on OrangeLive.com, the “bamboo roots spread and travel underground far from the visible plants and new shoots can pop up just about anywhere. They are strong enough to tear up patios and foundations and destroy septic systems.”

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Congress Votes to Block Flood Insurance Premium Hikes

Congress Voting1 resized 600

 This past Tuesday, the House voted overwhelmingly to pass a bill that would largley repeal Biggert-Waters, a bill which saught to balance FEMA’s enormos debt by expanding flood insurance risk pools and increasing premiums. The new bill, called the Homeowner Flood Insurance Affordability Act, limits premium increases from the National Flood Insurance Program (NFIP) to 18% a year.

The new bill makes several key changes that homeowners should immediately feel, in addition to the limit on premium increases. 

 

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