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Published 1 month ago

Louisiana’s challenge to new flood insurance rates can move forward, judge rules

Summary by Ground News

Louisiana and nine other states can move forward with a legal challenge to the nation's controversial new system for setting flood insurance rates. U.S. District Judge Darrel James Papillion declined a request to immediately intervene and halt the new system, known as Risk Rating 2.0. Projections released last year showed the average single-family home in Louisiana seeing a 134% increase.

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Louisiana’s challenge to new flood insurance rates can move forward, judge rules

State officials are deeply concerned with sharp increases for many homeowners.

1 month ago·New Orleans, United States

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