St. Martin

Nov 18, 2013 4:05 PM by KATC

Parish leaders ask for delay in Biggert-Waters Act

St. Martin Parish President Guy Cormier and other coastal parish leaders are asking for a four year delay of federal flood insurance rates. On average, homeowners are paying $1,500 a year. Tonight, KATC's Akeam Ashford speaks to one business and homeowner who says if Congress doesn't approve the delay, his insurance rates would quadruple in 2014.

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