They(these House Republicans) do not care because Flood insurance does not affect them and they assume most people in High risk areas are wealthy! This is not the case for many and this will still be a problem that could take weeks or months to resolve. The Private flood market and not the plan with FEMA, with our Legislators, should progress faster so we have 2 options to help us here in Fort Lauderdale, Tarpon Springs and all of Florida. The governor will sign the bill when it passes so time is the only issue so far. I will keep you posted, but keep watching my blogs as the sessions start soon. Please enjoy the full article below and please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial & Life & Financial products as well.

http://www.insurancejournal.com/news/national/2014/02/04/319303.htm

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Now the House has to agree and that is not always something we can count on. In this scenario, Flood rates would increase still, but only in small amounts and not the 14-36K premiums we have been seeing. We still have a Private flood bill being considered here in Florida and 6 additional states as a backup. It looks like 1 way or another Flood Rates will be kept in control for at least a few more years until another solution is found. In Fort Lauderdale, Miami and Tampa, a sigh of relief will be felt is the House does do something good for a change. Let’s see who plays politics as usual in the next few weeks and hope for the best from Washington DC. Please read the full article below and please call L & S Insurance at -1888-244-7400 for quotes on Home, Flood, Auto, Business & Commercial and Life & Financial products as well.

http://www.insurancejournal.com/news/national/2014/01/30/318963.htm

While this decision is still going on in Washington, the playmakers are not even waiting for this to happen or not. It looks like a new Flood Policy from a private market will soon be available in Florida and at least 6 other states. The rates for the hardest hit by FEMA, will still be higher than before, but significantly better priced. We have 2 scenarios working to solve 1 problem, so who knows how it will end, but Private flood is coming and will be backed by Lloyds of London. People from Fort Lauderdale, all of S. Florida and Tampa areas like Tarpon springs have all been the hardest hit, but it does look like Private flood will fill in gaps as needed and then we will see how things continue on in the future. We await the passing of the Private flood policy by our legislators in Tall. but this seems to have huge support and should pass quickly. Please call L & S at 1-888-244-7400 for Insurance quotes for Home, Auto, Flood, Business & Commercial, & life & Financial products as well. Please enjoy the full article below from the Insurance Journal for the US.

http://www.insurancejournal.com/news/national/2014/01/09/316502.htm

I think we may be getting greedy already!! The reason is we have included Louisiana. Florida is a stae where Flood policies with FEMA are profitable by a 3-1 margin. I believe the Louisiana numbers are reversed. Why would we want a non profitable state in this program. This could be where the problems begin as the greed grows. The one problem is that the program will be backed by Lloyds of London, but we will not have our Government to go to for disaster assistance when and if this begins. On the positive side, people in High Risk areas all over Tampa, Tarpon Springs area and Fort Lauderdale and Miami could all save a bundle and the program could also be a success. Time will tell and we will see how this proceeds. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life & Financial products as well. Please enjoy the full article below;

http://www.insurancejournal.com/news/southeast/2013/12/30/315695.htm

with 2 Million Policies, and 1 Billion in Premium and 37% of the total FEMA system, this will be discussed in Tall for sure. All eyes are on the dollars that could be made. about 65% in Florida is Profitable so rates can also be lowered. If the Biggert- Waters Bill is not repealed, this option would be a big one to consider in the Spring Legislative system. Please read the full article below to learn how Fort. Lauderdale, S. Florida and the Tampa area in Pinellas county known as Tarpon Springs are affected. Please call L & S Insurance at 1-888-244-7400 for a class at your office and for quotes on Home, Flood, Auto, Business & Commercial and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/11/19/311648.htm