More than a million American homeowners are set to see higher flood insurance rates as inland flooding becomes more common, the AP reports. The rate hikes are part of a FEMA effort to revamp insurance policies and rates to more accurately reflect increased flood risks, which have strained the National Flood Insurance Program, especially in areas where flood insurance is not required. “We’ve learned that the old way of looking at risk had lots of gaps, which understated a property’s flood risk and communicated a false sense of security,” David Maurstad, a senior NFIP executive, told the AP. Climate change, primarily caused by the extraction and combustion of fossil fuels, is increasing flooding risks across the country by increasing the strength of hurricanes and the intensity of rainstorms. (AP; Climate Signals background: Flooding, Extreme precipitation increase, Hurricanes)