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Mississippi Insurance Commissioner Mike Chaney (AP Photo/Rogelio V. Solis)

Mississippi officials are discussing a lawsuit aimed at delaying the onset of flood insurance premium rate hikes before bills start going out Oct. 1.

State insurance commissioner Mike Chaney told a state Legislature Budget Committee hearing Monday that he and the state Attorney General’s “have been having discussions about filing the lawsuit.” Chaney said the suit, if filed, would be in Federal Court in a Gulf Coast state.

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