Louisiana Joins 9 Other States To Sue Feds Over Flood Insurance Premiums

"Louisiana is joining nine other states in a lawsuit against the federal government over its new system for setting flood insurance rates, which is triggering steep hikes for homeowners, Attorney General Jeff Landry announced Thursday, calling the increases a “disaster of its own” that risks driving out families and businesses.

The lawsuit is the culmination of months of concerns raised by state and local officials over sweeping changes to the National Flood Insurance Program. Louisiana is projected to see increases of 134% on average for single-family homes, phased in over years.

Those in especially flood-prone areas are seeing much higher hikes, with Plaquemines Parish projected to be hit with the steepest in the state at 545% on average. Orleans is projected to see 99% increases, Jefferson 150% and St. Tammany 126%."

Mike Smith reports for the New Orleans Times-Picayune June 1, 2023.

Source: New Orleans Times-Picayune, 06/02/2023