Covering Louisiana

Nov 20, 2013 1:20 PM by associated press

Louisiana lawmakers seek relief on flood premiums

Three Louisiana lawmakers are traveling to Nashville this week to talk about the impact of rate hikes in the federal flood insurance program on homeowners and businesses. Sen. Dan "Blade" Morrish of Jennings, Sen. Ronnie Johns of Sulphur and Rep. Greg Cromer of Slidell are attending the National Conference of Insurance Legislators meeting. It starts Thursday and runs until Sunday. The Advocate reports that Morrish says he's going to ask the conference to support a resolution seeking to delay the impact of the Biggert-Waters Flood Insurance Reform Act. The law was aimed at shoring up the federal flood insurance program, but the changes are raising premium prices, in some areas by thousands of dollars, particularly on properties considered flood-prone that were built before the program was instituted.

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