FIRM meeting set for today
The grassroots insurance watchdog group FIRM (Fair Insurance Rates in Monroe) will give an overview on Wednesday of recently passed federal insurance legislation designed to curb large rate increases.
FIRM Executive Director Chic Wagner and FIRM Administrative Aide Joyce Chilton will talk about the Homeowner's Flood Insurance Affordability Act, which Congress passed last month to counteract rate hikes that went into effect in October from the Biggert-Waters Flood Insurance Reform Act of 2012. The legislation calls for far less increases than in Biggert-Waters.
The event is being sponsored by the Upper Keys Business and Professional Women and will be held at 11:30 a.m. Wednesday at the Key Largo Holiday Inn, mile marker 100 on U.S. 1. Lunch will be served and the event is $20 for members and $25 for guests.