Flood Insurance Update: U.S. Senate approves delay in flood insurance rate hikes

http://www.tampabay.com/news/business/banking/us-senate-expected-to-vote-today-to-delay-flood-insurance-rate-hikes/2163389

CMG Comment: Best quote I’ve seen so far on the Flood Insurance rate increases: “To be clear, if Biggert-Waters 2012 goes forward unabated, hundreds of thousands, and perhaps millions, of Americans who have played by the rules, built where the government told them, maintained insurance, and never flooded – will lose everything.”

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