Filed Under:Agent Broker, Commercial Business

Battle over NFIP Rate Hikes Causes Ripples in Louisiana Senate Race

The battle over rate hikes imposed on flood insurance program policyholders in Louisiana is intensifying, with the big prize being the Senate seat now held by Mary Landrieu, D-La.

Friday, the apparent strongest contender for Landrieu’s seat, Rep. Bill Cassidy, R-La., announced formation of a coalition of members of the Senate and House, sans Landrieu, whose objective is to seek a rollback or delay in some of the NFIP rate increases scheduled to go into effect in 2014 through the Biggert-Waters Act.

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