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Flood Insurance

(Source: CBS4)

State Senate Trying To Entice More Private Flood Insurance Business

The Florida Senate will try to entice private insurance companies to sell flood policies in the Sunshine State to homes that are vulnerable to storm surge.

CBS Miami–03/26/2014

Florida Capitol Complex (Source: dms.myflorida.com)

Florida Lawmakers Working On Flood Insurance Changes

Florida is responsible for about third of the policies written under the National Flood Insurance Program. This session, state lawmakers are moving bills forward that they hope will entice private insurance companies to sell flood policies in the state.

03/24/2014

(Photo by Mario Tama/Getty Images)

Obama Set To Sign Law Reversing Flood Insurance Hikes

Homeowners in flood-prone neighborhoods across the country will see relief from big insurance increases when President Barack Obama signs a bipartisan bill Friday.

CBS Miami–03/14/2014

(Photo credit: Thinkstock)

Congress Clears Bill To Ease Flood Insurance Hikes

Congress passed a bill scaling back flood insurance premium increases, allowing below-market insurance rates to be passed on to people buying homes.

03/11/2014

(Photo credit STAN HONDA/AFP/Getty Images)

Report: Bi-Partisan Deal Reached To Delay Flood Insurance Hikes

A bipartisan agreement has been reached between House and Senate leaders that will delay federal flood insurance program changes that would have resulted in huge spikes in premiums for homeowners, according to CBS4 news partner the Miami Herald.

CBS Miami–10/29/2013

(Source: CBS4)

M-D Comm. Battles Massive Rise In Flood Insurance Premiums

Miami-Dade County Commissioners are fighting back against large impending rate hikes for flood insurance.

10/22/2013

YAZOO COUNTY, MS - MAY 23: The Yazoo River floodwaters inundate crops next to a raised railroad track near Yazoo City May 23, 2011 in Yazoo County, Mississippi. The Yazoo River floodwaters are forecast to crest today around Yazoo City following the backing up of Mississippi River tributaries including the Yazoo River. Heavy rains have left the ground saturated, rivers swollen, and have caused widespread flooding in Louisiana. Mississippi, Missouri, Illinois, Kentucky, Tennessee, and Arkansas. (Photo by: Mario Tama/Getty Images)

FL Offers Support For Mississippi’s Flood Insurance Lawsuit

The Sunshine State will back Mississippi in a lawsuit over flood insurance rates, but Florida will not file its own lawsuit.

10/11/2013

Heavy rain created high-water conditions in portions of the Everglades. (Source: CBS4)

Large Flood Insurance Rate Hikes Loom On Horizon

Thousands of homeowners across Florida are set to see major increases in their flood insurance costs if the federal government doesn’t act to delay or cancel the rise in rates.

CBS Miami–09/30/2013

(Credit: Thinkstock)

Flood Insurance Rate Hikes Under Fire From States

The Mississippi Department of Insurance filed a lawsuit against the federal government Friday that Floridians should pay special attention to if they own a home or may be buying a home soon.

CBS Miami–09/27/2013

(Photo by Joe Raedle/Getty Images)

Gov. Scott Seeks Delay To Maintain Fed. Flood Insurance Subsidies

Gov. Rick Scott is advising Sens. Bill Nelson, D-Fla., and Marco Rubio, R-Fla., that action is needed to ward off “the potential impact to Florida’s economy” of the Biggert-Waters Flood Insurance Reform Act.

CBS Miami–09/18/2013

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