Tuesday, October 29, 2013

Realtors worry about flood insurance | HeraldTribune.com

Changes to the law seem to be in the works by Congress which would delay the increase for at least two years. This would give time for the study of the impact of such high flood insurance rates. Click title for link. From the article:
A statement from Sen. Bill Nelson, D-Fla., said the bill “could pass quickly” with both Democrats and Republicans in support and the government shutdown over.
But it is unclear if leaders in both chambers — or lawmakers from regions where flooding is not a major problem — support the plan.