preferred risk policy News

Officials say as many as 4,000 homeowners in Louisiana’s St. Charles Parish may be eligible for a dramatic reduction in flood insurance rates. Starting Oct. 1, residents on the parish’s east bank may be eligible for something called a “preferred …

An insurance company selling federal flood insurance has won a case against a Mississippi homeowner who claimed the insurer was negligent in not informing him that he was eligible to buy a preferred risk policy with more coverage than he …