Florida Keys News
Friday, January 31, 2014
Senate OKs bill delaying rate hikes

The U.S. Senate passed a bill Thursday that would delay flood insurance rate hikes for most coastal properties by four years.

The Homeowner Flood Insurance Affordability Act was approved by a 67-32 vote. A companion bill still has to be approved by the House of Representatives.

The Senate bill would delay National Flood Insurance Program policy rate incre...

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