Residents of unincorporated St. Tammany Parish in Louisiana are getting $1.9 million in premium decreases for federal flood insurance.
Officials say that’s the result of an improvement in the parish’s flood rating — translating into an average 10 percent drop in premiums. Parish President Kevin Davis says the parish has been working on flood prevention projects.
As of March 31, St. Tammany Parish had 35,720 flood insurance policies in place. That costs residents about $19.7 million a year.
The federal insurance program has paid about $1 billion in claims in the parish.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Nationwide: Consumers Say Insurance Should Evolve for Micromobility Vehicles 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
