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Senate expected to hold off flood insurance boost

FILE - In this July 30, 2013 file photo, Sen. Pat Toomey, R-Pa. speaks with reporters on Capitol Hill in Washington. Flood insurance rate increases for hundreds of thousands of people would be put off under a bill that’s steaming toward passage in the Senate, powered by coastal lawmakers telling horror stories of constituents at risk of losing their homes with the implementation of an overhaul of the federal flood insurance program passed less than two years ago. The Senate measure to delay some of the changes is likely to pass after votes on a host of amendments, including a plan by Toomey to phase in rate increases more slowly. It was unclear whether the measure will pass on Wednesday or Thursday. (AP Photo/J. Scott Applewhite, File)WASHINGTON (AP) — Hundreds of thousands of homeowners facing big flood insurance premium increases would see those rate hikes delayed for years under legislation that’s set to pass the Senate.

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