Fla. Gov, NAMIC Jump Into Flood Insurance Rate Fight

Law360, New York (September 18, 2013, 3:16 PM EDT) -- The debate over planned rate hikes on flood insurance intensified Tuesday as Florida Gov. Rick Scott pressed the state's U.S. senators to support a bill to delay the increased premiums by a year, while an insurance trade group urged U.S. House and Senate leaders to oppose any rollbacks of flood insurance reform.

The House has already passed an amendment to the Biggert-Waters Flood Insurance Reform Act that would put off for a year rate increases that critics say are astronomical, but that supporters say are actuarially...
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