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A former tropical disturbance failed to form into a tropical depression before reaching the coast, but it could still have ...
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.
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 rates.
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 homeowners, ...
Since 2022, 42,797 people in Louisiana have dropped flood insurance as premiums soar, representing 9% of policyholders. It's a staggering, unsustainable tally.
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 ...
In Louisiana, an estimated 42 percent of homes in high-risk areas have flood insurance, according to FEMA. Only 12.5 percent of homeowners in low and moderate-risk zones do.
WASHINGTON — After months of grinding negotiations over the future of the National Flood Insurance Program, lawmakers return to Capitol Hill on Monday with less than two weeks before the ...
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.
Many residents in Louisiana who lack flood insurance are struggling to recover financially from massive floods. NPR's Ari Shapiro talks to Jim Donelon, the insurance commissioner for the state.