Florida, other states say flood insurance fight againts feds should continue
Biden administration trying to end a lawsuit that challenges changes to the National Flood Insurance Program
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Biden administration trying to end a lawsuit that challenges changes to the National Flood Insurance Program
Florida International University's Dr. Shahid Hamid, an internationally recognized expert on the insurance and financial consequences of hurricanes, says everyone should have federally subsidized flood insurance no matter where they live.
Regulators have ordered the state-backed Citizens Property Insurance Corp. to revamp - and trim - proposed rate increases.
States say the new system is flawed and will drive up premiums for many property owners
