Lawmakers Address Flood Insurance Premiums

A bill that would create a private flood insurance option has been introduced in the West Virginia Senate. The sponsor is Sen. Rocky Fitzsimmons, who said federal law changes in 2012 under the Bigger-Waters Flood insurance Reform Act have caused significant increases in premiums for West Virginia. The bill introduced Monday would also allow a greater option of flood insurance plans. Senate Bill 621 has been referred to the committee on Banking and Insurance.