States Sue FEMA Over Flood Insurance Rate Hikes
When FEMA’s new Risk Rating 2.0 pricing plan went into effect in April, the agency said it was more equitable and better reflects flood risk. The result is rate increases that will average more than 100% in coastal states like Louisiana and Florida. Some parishes in southeast Louisiana will see rates go up on average more than 500%.
States Sue FEMA Over Flood Insurance Rate Hikes Read More »