[StBernard] Melancon to back retroactive flood insurance bill

[Westley Annis]

Wendy,

I believe Congress is still in recess or did they go back yesterday?  Will
double check.

Westley 

-----Original Message-----
From: Wendy P. Hall 

Wes,
 
   What's going on with  this... i know of several people who would be
interested
 
 
 
Wendy

________________________________

From: stbernard-bounces at da-parish.com on behalf of Westley Annis
Sent: Thu 9/29/2005 9:16 PM
To: stbernard at da-parish.com
Subject: [StBernard] Melancon to back retroactive flood insurance bill



Not all emails sent through this list reflect
the opinion of da-parish.com or Westley Annis
-----------------------------------------------------
Melancon to back retroactive flood insurance bill

BATON ROUGE, La. (AP) - U.S. Rep. Charlie Melancon said he will co-sponsor
Rep. Gene Taylor's legislation allowing home and business owners without
flood insurance when Hurricane Katrina struck to receive compensation
retroactively through the National Flood Insurance Program.

Melancon said in a news release that he would help push the legislation.

As explained by Melancon, the bill would allow property owners who did not
live in flood-plains but were devastated by the hurricanes to be covered
under the National Flood Insurance Program. They would have to pay the
equivalent of 10 years of NFIP premiums, with a five percent penalty.
Premiums would be set at a rate equal to the prevailing premium charged in
the area prior to Hurricane Katrina.

Melancon says the legislation also permits property owners to deduct premium
payments and the penalty from the NFIP claim payment.

Bob Durrin, a NFIP specialist who has been on the Mississippi coast to
provide claim statements for those who have flood insurance, said Taylor's
plan is "essentially retroactive coverage.''

_______________________________________________
Not all emails sent through this list reflect
the opinion of da-parish.com or Westley Annis

Such emails list the author in either the subject line or within the message
itself.


StBernard mailing list
StBernard at da-parish.com
http://six.pairlist.net/mailman/listinfo/stbernard
This list is provided as a free service of
da-parish.com and AskWestley.com
http://www.da-parish.com
http://www.AskWestley.com

To get your own free copy visit
<http://six.pairlist.net/mailman/listinfo/stbernard>