Flood insurance in Louisiana comes under review

Flood Insurance

Federal officials flock to Louisiana to examine flood insurance The National Flood Insurance Program has been a controversial topic for several years in the U.S. The federal program is typically the only place for homeowners to find the flood insurance protection they need. Those in risk-prone areas of the country have a heavy reliance on the program, which is a problematic issue in itself due to the program’s crippling financial troubles. In Louisiana, federal officials overseeing the program have begun touring the state in order to gain a better understanding…

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Homeowners insurance group seeks financial protection against hurricane season

Citizens Insurance Louisiana homeowners insurance property

Homeowners insurance group responds to threats of hurricane season With the peak of the 2013 hurricane season fast approaching in the U.S., Louisiana’s Citizens Property Insurance is looking to protect itself from the financial impact of possible storms. The state-run organization accounts for the majority of the homeowners insurance policies currently in effect throughout the state and primarily provides coverage to properties in coastal areas. Louisiana, like Florida, often falls victim to tropical storms and hurricanes during the hurricane season, but unlike Florida, the state has not managed to avoid…

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Health insurance alternative becomes law in Arkansas

Arkansas Health Insurance

Arkansas health insurance law provides alternative to expansion of Medicaid program The Affordable Care Act has seen no shortage of controversy and challenge in the U.S. While some states have worked to unseat the federal law, despite it being upheld by the Supreme Court, Arkansas has been one of the few that has been working for alternatives regarding the provisions outlined in the law. Earlier this year, Arkansas began developing a plan to support its private health insurance exchanges as a suitable alternative to expanding its Medicaid program that would…

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States seek alternative to Medicaid health insurance expansion

health insurance exchanges

Lawmakers continue to wrangle with health insurance requirements The Affordable Care Act will become fully enacted next year, leaving states throughout the U.S. relatively little time to comply with the federal law’s numerous provisions. One of these provisions, in particular, has been somewhat controversial in several states. That is the mandatory expansion of Medicaid. While the Medicaid program is, technically, overseen by the federal government, each state has its own division of the program which they are required to govern. Per the Affordable Care Act, all states must expand their…

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Flood insurance in New Orleans expected to rise

New Orleans Flood Insurance

FEMA maps could make flood insurance more expensive in New Orleans The U.S. Federal Emergency Management Agency (FEMA) has been making revisions to its national flood maps over the past several months. The agency notes that making changes to its existing flood maps is necessary due to environmental concerns and how changes in climate are affecting portions of the U.S. In some parts of the country, rising sea levels are exposing citizens to risks associated with floods. Powerful storms have also been causing widespread flooding, as was the case with…

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