Louisiana
Louisiana senators Cassidy, Kennedy still seeking flood insurance reforms
NEW ORLEANS (WVUE) – Amid increasing flood insurance costs, Louisiana’s U.S. senators say they are continuing to push for reforms to the National Flood Insurance Program.
Property owners are seeing higher flood coverage premiums, on top of soaring property insurance costs.
Katherine Drezek is a Louisiana homeowner who said she has seen her flood insurance premium rise in recent years.
“Yes, I think all the insurance has gone up, not only flood insurance. Fire insurance, just the house insurance period, has gone up,” she said.
Still, Drezek has not considered dropping her flood coverage.
“No, I live too close to the lake not to have flood insurance. I mean we live in Louisiana, we need flood insurance,” Drezek said.
With Congress in recess, Republican senators Bill Cassidy and John Kennedy were speaking Tuesday (Aug. 20) in the New Orleans area.
Cassidy toured Wrstbnd, a company in the Elmwood section of Jefferson Parish, after he spoke to the River Region Chamber of Commerce. And on the north shore, Kennedy addressed the St. Tammany Chamber.
“We need to fix the flood insurance program. The first thing we need to do is expand it,” Kennedy said.
Only a fraction of the properties in the U.S. are covered through the National Flood Insurance Program. According to FEMA, the NFIP protects more than $1.28 trillion in assets through nearly 5 million policies.
“We’ve got about 5 million people across America that’s got flood insurance. That’s not enough,” Kennedy said. “That’s not enough, because the more people you have, the more risk you can spread.”
Fox 8 asked Cassidy if there should be an effort to get more properties covered by flood insurance.
“There should be,” he said. “Banks are supposed to require it if homes are at risk. One thing we know is that more homes are at risk. So, for example, more people are building next to the coast. People want to live next to the water, and so that almost inherently puts them at risk.”
But he added that high costs are keeping some property owners from either acquiring or keeping flood insurance.
“On the other hand, if the premium is so expensive people can’t afford it, it drops off,” Cassidy said.
Cassidy said he wants Congress to mandate FEMA to take into account more levees when determining flood insurance rates.
“Right now, if a levee works but it’s not federally recognized, FEMA does not include that levee in their kind of risk assessment,” Cassidy said. “But the levee works. People can show flood water on one side, dry homes on the other. So, we would require FEMA to begin taking into account these non-federally recognized levees which work.”
Kennedy said, “I’m for creating some sort of national catastrophe fund that includes flood, that includes fire, earthquake. That’s harder to do than it sounds, but you get 15, 20, 30 and 40 million people in a fund, you can spread the risk better than you can with only five million.”
Under Risk Rating 2.0, the methodology FEMA has been using in recent years to determine premiums, rates can legally be increased up to 18% a year.
“This algorithm apparently can look into the future and tell whether your home is going to flood 45 years from now. I don’t believe it. I think it was an excuse to raise premiums,” Kennedy said.
With U.S. House members and some senators up for reelection in November, pundits say Congress will hesitate to pass consequential legislation before the end of the year.
On the prospects of getting NFIP reforms approved this year, Cassidy said, “I can’t tell you that it’s going to happen, but I can tell you that we’re in active negotiation as to how we could help lower-income Americans afford their flood insurance.”
Kennedy concedes that reaching a consensus on how to change the program will be difficult.
“We need to fix it,” he said. “But it’s not easy to do, because you’ve got a lot of people who, first, don’t care. They’re in a state that’s never flooded. And No. 2, we’ve got a lot of different points of view about how to fix it.”
Drezek said she has a message for Congress.
“Lower it. Please, please, please lower the insurance,” she said.
Kennedy said Congress will not let the program expire.
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When it comes to retiring, the best places to do so often are affordable, have a high quality of life and access to quality healthcare.
If you’re looking for a place to retire, Niche has identified the best places for retirees in Louisiana.
In its list, Niche has taken into account factors like weather, crime rates, housing costs and access to amenities.
The 5 best places to retire in Louisiana according to Niche
These are the top five best places to retire in Louisiana, according to Niche.
1. Oak Hills Place
Oak Hills Place is a suburb of Baton Rouge and is the overall best place to retire in Louisiana. This suburb, located in East Baton Rouge Parish, has a population of 9,038 and offers residents an urban suburban mix feel. The area is highly rated for families, diversity, as well as health and fitness. Here, the median home value is $437,900 and the median rent is $1,422, according to Niche.
2. Westminster
Westminster is another suburb of Baton Rouge and is the second-best place to retire in Louisiana. Located in East Baton Rouge Parish, this suburb has a population of 2,559 and offers residents an urban suburban mix feel. This area is highly rated for nightlife, diversity, families, health and fitness, as well as commute. The median home value here is $266,100 and the median rent is $1,482, says Niche.
3. River Ridge
River Ridge is a suburb of New Orleans, located in Jefferson Parish, and is the third-best place to retire in Louisiana. This suburb has a population of 13,312 and offers residents a dense suburban feel. The area is highly rated for public schools, family, nightlife and diversity. The median home value is $357,400 and the median rent is $1,127, according to Niche.
4. Westlake
Westlake is a town in Calcasieu Parish that is among the best places to retire in Louisiana. With a population of 4,743, this town offers residents a rural feel. The town is highly rated for public schools, housing, families, jobs, cost of living, nightlife and weather. Here, the median home value is $166,100 and the median rent is $1,049, says Niche.
5. Prien
Prien is another town in Calcasieu Parish that is among the best places to retire in Louisiana. This town has a population of 7,119 and offers residents a suburban rural mix feel. The town is highly rated for public schools, housing, families, nightlife and weather. The median home value here is $278,000 and the median rent is $1,292, according to Niche.
Presley Bo Tyler is the Louisiana Deep South Connect Team reporter for USA Today Network. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com
A motorcyclist is recovering after a West Monroe crash involving an 18-wheeler, while Chevron won a Louisiana Supreme Court ruling shifting a major coastal lawsuit back to lower courts. Ouachita deputies arrested a suspect and recovered more than a dozen guns, Mississippi passed a new school social-media safety requirement, and Louisiana’s House advanced a unanimous state budget. A new recovery center opened, and multiple weekend events are underway across northeast Louisiana, plus national updates include stock-market stress guidance, a Ford F-150 recall, Spirit Airlines uncertainty, and tax-refund tips.
The supreme court handed a win on Friday to oil and gas companies fighting lawsuits over coastal land loss and environmental degradation in Louisiana.
The 8-0 procedural decision gives the companies a new day in federal court after a state jury ordered Chevron to pay upward of $740m to clean up damage to the state’s coastline, one of multiple similar lawsuits.
Backed by the Trump administration, the companies argued the case belongs in federal court because they began oil production and refining during the second world war as US contractors. They deny responsibility for land loss in Louisiana and say it is wrong to sue them for what they did before state environmental regulations were in place.
Louisiana’s coastal parishes have lost more than 2,000 sq miles (5,180 sq km) of land over the past century, according to the US Geological Survey, which has also identified oil and gas infrastructure as a significant cause. The state could lose an additional 3,000 sq miles (7,770 sq km) in the coming decades, its coastal protection agency has warned.
The Republican governor, Jeff Landry, backed the lawsuits when he was attorney general, despite being a longtime oil and gas industry supporter. Attorneys for local Louisiana leaders say the supreme court appeal was a stalling tactic.
The companies appealed to the high court after jurors in Plaquemines parish – a sliver of land straddling the Mississippi River into the Gulf – found that energy giant Texaco, acquired by Chevron in 2001, had for decades violated Louisiana regulations governing coastal resources by failing to restore wetlands affected by dredging canals, drilling wells and billions of gallons of wastewater dumped into the marsh.
The case is one of dozens of lawsuits filed in 2013 alleging oil giants including Chevron and Exxon violated state environmental laws for decades.
The companies asked the justices to overturn a 2024 decision from the US court of appeals for the fifth circuit that allowed the suit to stay in state court.
Justice Samuel Alito recused himself from the case, saying he had financial ties to ConocoPhillips. He had recused himself from other cases due to his stock holdings.
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