Residents and Officials Speak Out Against Flood Insurance Rate Increases

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Updated: 2/26/2014 8:24 pm
Last night at the Harrison County Republican Club, many people told News 25 they were in favor of Congressman Steven Palazzo's flood insurance reform bill, H.R. 3370, stating anything to fight the Biggert-Waters Act from taking effect is in the best interest for the Coast. Thomas E. Schafer, the Mayor of Diamondhead, says, “People have their life’s blood in their homes and businesses, and they moved forward with a thought, with a promise that the flood insurance program would be there, and to ratchet premiums up this way in such a short period of time, makes things unaffordable.” Richard Rose, the City Manager of Diamondhead, says, “We've done exactly what we were told to do. We built the way we were required, at a higher cost, and now they tell us that that cost is gonna’ go ten times, and some cases a 100 times more than what we've been paying over the last 50 years.” Alwyn Luckey, a lawyer for the Ocean Springs School District, says, “Uncertainty with the flood insurance has prevented a lot of development in our area, and many people will be faced with being unable to afford to insure their homes, which of course most people who have a bank loan, their mortgage requires.”

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