The Federal Emergency Management Agency should reduce its rebuilding grants to Tulane University by $24.5 million to reflect private insurance payments made to the college after Hurricane Katrina, according to a federal inspector general's report. The inspector general for FEMA's parent agency, the Department of Homeland Security, said the federal government has already reduced Tulane's disaster allocation from $291.9 million to $166 million to reflect previous insurance payments. ...
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