55°
Baton Rouge, Louisiana
3 Day Outlook
Mon
82°
59°
20%
Tue
83°
62°
20%
Wed
81°
65°
20%
TrueView© Local Radar

Latest Weather Blog

Follow our weather team on social media

Landrieu, Cassidy bill delays flood insurance hikes

1 year ago Tuesday, January 14, 2014 10:46:19 AM CST January 14, 2014 Tuesday, January 14 2014 Jan 14, 2014 in News
Source: Associated Press

WASHINGTON - Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into a massive government-wide funding bill.

But other changes to the federal flood insurance program, including higher premiums on vacation homes and frequently flooded properties will remain in place, as well as a new rule blocking homeowners from passing insurance subsidies on to the people who buy their homes.

The provision by Louisiana lawmakers and political rivals - Democrat Sen. Mary Landrieu and GOP Rep. Bill Cassidy - comes as the Senate is poised to debate much broader relief to homeowners facing higher premiums.

The underlying $1.1 trillion spending bill is set for a House vote on Wednesday and Senate approval later in the week.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Mostly Sunny
82°
60°
Mon
Partly Cloudy
82°
59°
Tue
Partly Cloudy
83°
62°
Wed
Mostly Cloudy
81°
65°
Thu
Scattered T-Storms
86°
68°