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Flood insurance hikes are slow-moving ‘hurricane,’ state lawyers argue in high-stakes hearing

Por: The Advocate Business September 15, 2023

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Sharp flood insurance increases are provoking a slow-moving “hurricane” in Louisiana, state lawyers argued Thursday in a high-stakes federal court hearing in New Orleans that could determine the future of sweeping changes to the nation’s system for setting rates.The day-long hearing was part of a lawsuit filed by Louisiana and nine other states against the federal government over premium increases under the National Flood Insurance... + full article



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