Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would remain about the same. After reading recently about a change in the federal flood program, they checked on next year’s …
Florida officials plan to file a brief in support of Mississippi’s lawsuit against the federal government in an attempt to block flood insurance rate hikes called for under recent reform legislation. Gov. Rick Scott and Attorney General Pam Bondi said …
With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say there are considerable barriers to creating a private market …
A bipartisan proposal to delay federal flood insurance rate hikes that took effect Tuesday is being stymied by a bitter congressional dispute over President Barack Obama’s signature health care law, Sen. Bill Nelson said. Nelson, D-Fla., along with U.S. Sens. …
A Congresswomen whose name adorns the now-controversial federal flood insurance reform bill passed in 2012 says she wants the law changed to deal with “unintended consequences” including big premium hikes for some homeowners. Rep. Maxine Waters, (D.-Calif.), co-author along with …
Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from legislation passed in June 2012 that requires all flood insurance …
The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. State Insurance Commissioner Mike Chaney said that unless something changes, some customers …
When Colin and Joyce Elston bought their Florida dream home in May, they were confident they could afford the three-bedroom, two-bathroom ranch with a pool and a backyard overlooking the Intracoastal Waterway. Now they are not so sure. The retirees …
Real estate brokers have joined the chorus of those asking Congress to halt some of the changes to the nation’s flood insurance program that will raise premiums for some owners of property in flood zones. At the invitation of Florida …
Pressure continues to build in Congress to delay implementation of flood insurance reforms that are raising premiums for thousands of property owners across the country. But the man in charge of administering the program says he does not have the …
