Huge hikes expected in federal flood insurance rates - KALB-TV News Channel 5 & CBS 2

Huge hikes expected in federal flood insurance rates

Posted: Updated:
Source: AP Source: AP

NEW ORLEANS (AP) - The head of the Federal Emergency Management Agency says people who buy federal flood insurance need to plan for big rate hikes.  

Craig Fugate says some people now paying hundreds of dollars a year could wind up paying thousands of dollars a year. That's because Congress has ordered the program to pay for itself.  

He was among speakers at the National Hurricane Conference's general session Tuesday.

Director Rick Knabb told the group that the National Hurricane Center will be giving people two additional days of notice about where tropical systems are likely to develop. The tropical storm outlook has been covering three days; now it will be a five-day forecast.

He says the center is working on storm surge watches and warnings, with plans to roll them out in 2015.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • *UPDATE* Missing juvenile female in Alexandria FOUND

    *UPDATE* Missing juvenile female in Alexandria FOUND

    Thursday, April 24 2014 6:31 PM EDT2014-04-24 22:31:25 GMT
    ALEXANDRIA, La. (KALB News Channel 5) - The Rapides Parish Sheriff’s Office is asking for the public’s assistance in locating a missing juvenile. Gabrielle Dubroc is described as a white female, 14 years of age, with brown hair, brown eyes, and is 5’2” tall.More >>
    ALEXANDRIA, La. (KALB News Channel 5) - The Rapides Parish Sheriff’s Office is asking for the public’s assistance in locating a missing juvenile. Gabrielle Dubroc is described as a white female, 14 years of age, with brown hair, brown eyes, and is 5’2” tall.More >>
  • New "Swatting" game causes massive police response

    New "Swatting" game causes massive police response

    Thursday, April 24 2014 12:57 PM EDT2014-04-24 16:57:42 GMT
    LONG BEACH, N.Y. (CBS News) - Police descended upon a home in Long Island, N.Y. Tuesday after receiving a 911 call from a man who said he had shot several of his relatives inside the house.More >>
    LONG BEACH, N.Y. (CBS News) - Police descended upon a home in Long Island, N.Y. Tuesday after receiving a 911 call from a man who said he had shot several of his relatives inside the house.More >>
  • Woman allegedly attacked boyfriend with ax, went after neighbors

    Woman allegedly attacked boyfriend with ax, went after neighbors

    Thursday, April 24 2014 12:50 PM EDT2014-04-24 16:50:25 GMT
    LUNENBURG, Mass. (CBS News) - A Massachusetts woman has been arrested after she allegedly attacked her boyfriend with an ax before also going after the couple across the street, reports CBS Boston.More >>
    LUNENBURG, Mass. (CBS News) - A Massachusetts woman has been arrested after she allegedly attacked her boyfriend with an ax before also going after the couple across the street, reports CBS Boston.More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.