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Louisiana to Sue Over Flood Insurance Rates

Louisiana Insurance Commissioner Jim Donelon has announced that his state plans to join legal efforts by Mississippi and Florida to get the federal government to delay or block large premium increases in the National Flood Insurance Program (NFIP), changes mandated under the Biggert-Waters Flood Insurance Reform Act (BW-12) approved last year by Congress...
October 17, 2013

Louisiana Insurance Commissioner Jim Donelon has announced that his state plans to join legal efforts by Mississippi and Florida to get the federal government to delay or block large premium increases in the National Flood Insurance Program (NFIP), changes mandated under the Biggert-Waters Flood Insurance Reform Act (BW-12) approved last year by Congress. Donelon said lawyers are looking into whether to join the Mississippi action or file a separate action.

The Biggert-Waters reform measure, along with new Federal Emergency Management Agency (FEMA) elevation maps, have resulted in some residents of Louisiana's coastal parishes facing annual flood insurance premiums of more than $20,000. The Mississippi Insurance Department filed its suit against FEMA, which administers the flood insurance program, and its parent agency, the U.S. Department of Homeland Security (DHS). It seeks to block rate increases until Congress has reviewed an affordability study required by the reform law.

Louisiana to Sue Over Flood Insurance Reform (Houma LA Courier 10/11/13)

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