The Mississippi insurance commissioner has decided to go it alone in filing a lawsuit aimed at delaying the onset of flood insurance premium rate hikes after the state attorney general declined to represent him.
The premiums are scheduled to go into effect Oct. 1.
Jackson County, Miss., supervisors said Monday that the rate hikes imposed through the 2012 law will range from hundreds of dollars a year to thousands of dollars a year on homes in flood-prone areas and could cause people in middle- to low-income brackets to walk away from their homes.
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