North Shore residents seek info on flood insurance changes - FOX 8 WVUE New Orleans News, Weather, Sports

North Shore residents seek info on flood insurance changes

Mandeville, La. -

Some homeowners worried about soaring flood insurance rates on the North Shore got some words of reassurance Wednesday evening.

Several residents gathered for a workshop in Mandeville to learn how FEMA's new flood insurance rates might affect their properties.

The Biggert-Waters Act eliminates discounts for high flood-risk areas and scraps a grandfather clause that kept insurance rates from skyrocketing when buildings were built to earlier standards.

People were told that most homes and businesses in the Mandeville area would not be affected. But more than 1,000 homeowners and businesses whose homes were built before 1979 will likely see increases.

The changes affect communities across south Louisiana, and many local and parish leaders continue to warn Congress of the severe impact they will have on residents and business owners.

The Biggert-Waters Act was created to help stabilize the National Flood Insurance Program, which is currently about $25 billion in debt. Full details on the act and the NFIP are available online at

Powered by WorldNow

Louisiana Media Company, LLC.
1025 S. Jefferson Davis Parkway
New Orleans, LA 70125

General Number: (504) 486-6161
News Tips: (504) 483-1503
News Room Fax: (504) 483-1543

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WVUE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
WVUE's Public Inspection File can now be accessed online. To access the online public inspection file click here: