Congress is currently deflecting intense pressure to roll back virtually all the increases in flood insurance premiums imposed by a 2012 National Flood Insurance Program reauthorization law that won strong support when it was enacted.

Amongst the opponents of the rollback are Write-Your-Own (WYO) insurance companies, who have already adjusted computer programs rate increases effective Oct. 1, per a provision in the law impacting second homes, businesses, and repetitive loss properties, plus the existing (pre-FIRM) properties that would lose their grandfathering upon resale or refinancing. 

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