NU Online News Service, may 24, 2:00 p.m. EDT
Decisions such as the Federal Emergency Management Agency's to delay charging market rates for policies sold in certain areas under the deficit-ridden National Flood Insurance Program, could become more common, an insurer group said.
An official of the Property Casualty Insurers Association of America warned that extensions like the two-year delay are likely to be the rule rather than the exception, at least until legislation as proposed in the House is finalized.
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