00:00$3 billion in damage and counting.
00:02That is the price tag already accumulating from flash floods striking nine U.S. states this summer.
00:08Slow-moving severe weather systems have been dumping record rainfall across the eastern seaboard and mid-Atlantic.
00:15Overwhelming drainage systems and turning suburban streets into rivers within minutes.
00:20NoAA damage assessment teams are working around the clock.
00:23FEMA has already activated resources in multiple states.
00:27The cause is an atmospheric transition from La Nina to El Nino, creating unusual rainfall patterns that meteorologists say could
00:36persist for months.
00:37Here is the financial gut punch.
00:39The majority of homeowners in the hardest-hit counties have no flood insurance.
00:44Scientists warn this type of extreme rainfall event is the new normal.
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