News from New York Daily News:

Debbie Egan-Chin/New York Daily News

A man walks through the water in Breezy Point, Queens, after Hurricane Sandy in October 2012.

Flood insurance politics are set to wash over the House.

GOP leaders were finalizing a bill Friday that would repeal insurance rate hikes threatening hundreds of thousands of people who own homes in federally designated flood zones with sharp rate increases.

RELATED: GRIMM VOTES NAY TO DELAY FLOOD INSURANCE HIKES

That includes tens of thousands in New York, many of whom are paying for property damage fr……….. continues on New York Daily News.

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