Ten states sue to try to block large flood insurance rate hikes

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Ten states sue to try to block large flood insurance rate hikes
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Ten states filed a lawsuit against the federal government to block sharp increases in national flood insurance rates that are slated to be phased in over the coming years, saying they could cost some people their homes and businesses.

Louisiana and nine other states filed a lawsuit against the federal government Thursday to block sharp increases in national flood insurance rates that are slated to be phased in over the coming years, saying the steeper priceDozens of local Louisiana governments and flood control districts also are plaintiffs in the lawsuit, which was filed in U.S. District Court in New Orleans. The Department of Homeland Security and the Federal Emergency Management Agency are among the defendants.

However, Louisiana officials have been complaining for months about the coming rate hikes, saying they could impose impossible financial burdens on some in the state. In a lawsuit filed in April seeking access to information and data used to calculate rates, St. Charles Parish officials said the average cost of flood insurance policies there will increase from $815 to $2,766 annually.

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