St. Charles Parish officials are moving forward with plans to formally appeal preliminary digital flood insurance rate maps (DFIRMs) recently unveiled by the Federal Emergency Management Agency.
After weeks of speculation on the potential rise in flood insurance rates, St. Charles Parish Public Schools launched their own inquiry on how increased flood insurance premiums will affect their properties and have come back with positive findings.
The congresswoman who co-authored the Biggert-Waters Act boasts on her website that she helped a community of her constituents fend off new FEMA flood maps in areas that were never considered flood plains before their latest remap.
Although reports of an impending rise in flood insurance rates for over half the parish have been bandied about ever since FEMA came to town on April 1, the exact formula used to find out insurance rates has yet to be released.
After many West Bank residents received the shocking news that their flood insurance rates could skyrocket next year, a FEMA spokesperson warned that the quoted prices were just estimates and that a final price would depend on the homeowner’s insurance company.
The St. Charles Parish School system announced their intention to reduce health and life insurance benefits for future employees hired after June 30, 2013.
Homeowners in the Paradis area can expect significant rate reductions in their fire insurance premiums, effective May 7, according to Commissioner of Insurance Jim Donelon.
Since 1988, the St. Charles Parish Public Schools’ health insurance costs have gone up by over 650 percent. […]
In the aftermath of the catastrophic hurricanes of this decade, property insurance premiums skyrocketed in coastal states, particularly in Florida-a peninsula in which almost every square foot of land is exposed to immense storm damage. […]
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