WASHINGTON—An effort to delay federal flood insurance rate hikes on “grandfathered” properties for five years was rejected by the Senate late Tuesday.
Sen. Mary Landrieu, D-La., vowed to continue her battle to stop the rate increases after the Senate rejected her efforts to have a vote on a bill that would have amended a water resources bill currently being considered by the Senate.
She was battling on behalf of constituents facing large increases in premiums levied under the National Flood Insurance Program.
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