Florida backs lawsuit over flood insurance hikes
Updated On: Oct 11 2013 08:45:01 AM EDT
Florida is supporting the state of Mississippi in a lawsuit over flood insurance rates.
Gov. Rick Scott and Attorney General Pam Bondi announced Thursday that the state would file a "friend of the court" brief that backs Mississippi's lawsuit against the federal government.
Florida is not filing its own lawsuit.
Bondi, however, said that the state was not "ruling out" the possibility of pursuing its own lawsuit if Congress does not step in and block the rate hikes.
The rate hikes were passed in 2012 to keep the National Flood Insurance Program solvent after an onslaught of claims from Hurricane Katrina in 2005. The law removes federal subsidies from properties in flood zones.
Florida has among the highest rates of people covered by subsidized flood insurance.
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