FL Joins MS in Lawsuit to Block Flood Insurance Hikes

In another effort to stop or delay flood insurance rate hikes, the State of Florida has decided to back a lawsuit that the State of Mississippi filed last month.

This lawsuit hopes to stop the increase in the flood insurance rates that have proved detrimental to about 270,000 Florida homeowners.

Although the state may take other action in the future, the local government is hoping that by attaching to the existing lawsuit, changes may occur quicker.

Read more at Florida Realtors.

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