Graves: Debt-ceiling dispute likely to delay flood insurance rate hike

Author Profile Image
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

Partisan budget disagreements on Capitol Hill will likely impact the implementation of new flood insurance rates scheduled to take effect Oct. 1, according to U.S. Rep. Garret Graves, R-Baton Rouge. The National Flood Insurance Program’s new Risk Rating 2.0  is expected to result in rate increases for nearly 80% of policyholders and make flood insurance

This article is only available to paid Insiders
Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business