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State program placed Louisiana's riskiest policies with untested insurers; many then failed – InsuranceNewsNet

State program placed Louisiana's riskiest policies with untested insurers; many then failed – InsuranceNewsNet
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EDITORIAL: When Steve Scalise Can't Get Flood Insurance Answers, What About The Rest Of Us? [The Advocate, Baton Rouge, La.] – InsuranceNewsNet

Apr. 11 Sure, he's in the minority party at least until the end of the year but Steve Scalise from Jefferson Parish is the second-ranking Republican in the U.S. House of Representatives. "I've reached out to FEMA multiple times seeking clarity for this new rating system, but our concerns have gone unanswered," Scalise fumed after the Risk Rating 2.0 rate increases. ....

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As Louisiana Braces For New Flood Insurance Rates, Few Understand New System – InsuranceNewsNet

But there are fears that the fallout in Louisiana, as one congressman puts it, could be something like a "trail of tears," referring to the forced displacement of Native Americans in the 19th century. Louisiana has the highest participation rate in the flood insurance program of any state: Though less than 2% of Americans live here, 10% of policyholders in the. ....

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Property and Casualty Insurance News | InsuranceNewsNet

We deliver the latest insurance news for the Property & Casualty insurance industry with our property and casualty insurance news articles. Learn more now! ....

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New flood insurance rate hikes in Louisiana higher than FEMA estimates; politicians push for delay

New flood insurance rate hikes in Louisiana higher than FEMA estimates; politicians push for delay
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