Law360, New York (November 19, 2013, 4:25 PM EST) -- The Federal Emergency Management Agency on Monday urged a court to toss the Mississippi Insurance Department's lawsuit challenging steep rate hikes planned for the National Flood Insurance Program, arguing that the reprieve Mississippi is seeking can only come from Congress.
According to a brief FEMA filed in Mississippi federal court, Mississippi Insurance Commissioner Mike Chaney cannot bring the lawsuit because the court has no power to halt the flood insurance premium increases until an affordability study is done.
FEMA claims the Biggert-Waters Flood Insurance Reform and...
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