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Flood insurance is a tenet of life in water-burdened Louisiana. But skyrocketing costs of National Flood Insurance Program (NFIP) coverage are spurring significant departure from the program ...
The sharp increases in flood insurance rates south Louisiana communities are facing have been detailed for the first time in data released by FEMA, with one of the state’s ZIP codes projected to ...
Flood insurance costs rise in Louisiana areas once deemed lower risk by: The Associated Press. Posted: Dec 9, 2021 / 11:16 AM CST. Updated: Dec 9, 2021 / 12:13 PM CST.
The study was prompted by the 2014 Homeowner Flood Insurance Affordability Act. That law stepped back the immediate — and at times hefty — rate increases on some policyholders called for in ...
Efforts to flood-proof Louisiana homes are failing to keep up as storms become stronger and more frequent. Flood insurance premiums are skyrocketing because of FEMA’s new system for setting ...
The National Flood Insurance Program (NFIP) is set to release new rates this fall, and it’s likely to result in an increase in premiums for Louisiana homeowners.
Nov. 30—WASHINGTON — The future of flood insurance is in question — and not just because it has become unaffordable for many Louisiana residents. The federal National Flood Insurance Program ...
The Federal Emergency Management Agency has announced a major plan to overhaul how risk is assessed in the National Flood Insurance Program, which could mean major changes for Louisiana ...
There are 495,900 flood-insurance policies in Louisiana. Seventy percent of those could see policies increase up to $120 per year. Another 10 percent could see increases of more than $240 a year ...
Kennedy emphasized the importance of the program for Louisiana residents. “The National Flood Insurance Program isn’t perfect—but more than 400,000 Louisianians depend on it.
One month before the 20th anniversary of Hurricane Katrina, Black residents across southern Louisiana braced for their first ...
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