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Since last August, the popularity of flood insurance has again surged in Louisiana, but the future of the debt-laden National Flood Insurance Program is...
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It's the latest step in a growing controversy after thousands of homeowners said insurance companies lowballed damage estimates and insurance insiders called the appeals process "rigged."
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The law, passed in 2012, was meant to shift the financial risk of insuring flood-zone properties to homeowners. But some residents' premiums have skyrocketed.
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Louisiana Department of Insurance Commissioner, Jim Donelon, talks with Jim about surviving prostate cancer, the Affordable Care Act, and flood insurance,…
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Congress has tried to boost premiums on the cheap, subsidized insurance FEMA offers. But property owners in flood zones protested the rate hikes, and legislators backed off in 2013, calling for "further study." Meanwhile, a string of bad storms has left the program $24 billion in debt — so far.
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Louisiana public officials are launching a bipartisan battle to revamp proposed changes to the National Flood Insurance Program. The administrator
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The Federal Emergency Management Agency has issued new preliminary flood maps.Louisiana’s delegation in Washington, D.C. is griping over FEMA’s disregard…
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Louisianians may find solace from impending increases in flood insurance rates as Sen. Mary Landrieu’s bill to prevent those hikes heads to the Senate…
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Hurricanes are a tricky risk for insurers to cover.