Federal officials testified that state lawmakers’ only move may be to “turn the volume up” on the issue by contacting their counterparts in other states and in the U.S. House Banking Committee.
But Terrebonne Parish President Michel Claudet told the committee that such an option is too limited. He said the administration is being proactive by spending $250,000 of its own money on improving incomplete flood maps that dictate the insurance rates — an option that other parish-level officials are considering elsewhere, such as in East Baton Rouge.
Claudet said he’s worried about new homeowners, especially young couples.
“It’s just not fair,” Claudet said, adding prospective new homeowners are being priced out by high rates, which is stunting growth in Terrebonne and elsewhere.
Sen. Troy Brown, D-Napoleonville, who represents parts of Lafourche Parish, drew attention to how many local leaders had turned out for the committee meeting, saying it’s evidence that the issue should warrant a high priority in the 2014 session.
However, the state doesn’t have jurisdiction to make changes to the national legislation, pointed out Warren Byrd, executive counsel for the state Department of Insurance. After the meeting, he said Louisiana will file as a “friend of the court” to show support for a lawsuit that was filed by Mississippi against the federal government for failing to conduct an affordability study before implementing the new rates. Louisiana is also considering filing its own suit.
Treasurer John Kennedy, meanwhile, has called for a special session of the Legislature to explore the idea of a statewide equivalent to the National Flood Insurance Program.
ALBANY, NY – A New York-built American fighter that's one of the few remaining still-airworthy planes to survive the Japanese attack on Pearl Harbor is being donated to a Massachusetts-based organization that flies World War II aircraft at living history events across the nation.
Robert Collings, executive director of the Stow, Massachusetts-based Collings Foundation, said that the purchase of the Curtiss P-40B Warhawk from an aviation museum in England was completed this week. The plane will be disassembled and shipped to the United States, where it eventually will fly over Buffalo and other cities, with plans to participate in the 75th anniversary of the Pearl Harbor attack in 2016, he said.