Florida Keys News
Friday, December 13, 2013
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Bill to postpone rate hikes blocked
Lone Senate dissenter stops passage of measure on flood insurance premiums

A federal bill that would postpone flood insurance rate increases for four years received a major setback Wednesday.

The hikes were established under the Biggert-Waters Flood Insurance Reform Act of 2012. Besides postponing them, the bill would require a study of the hikes' economic impact on homeowners, and how the additional funds would make the National Flood Insurance Pr...

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