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Federal flood insurance bill that would delay significant rate increases passes Senate

Lynn and Charles Orchard have raised three kids

Lynn and Charles Orchard have raised three kids in their home of 35 years, and wonder what they'll do if they are forced to pay higher insurance rates. (January 30, 2014 10:50 PM)

Sandy-ravaged communities are a step closer to a delay of sharp increases to flood insurance, after a plan passed the Senate Thursday.

Homeowners in flood-prone areas say they can't breathe a sigh of relief yet, but are encouraged by the news.

Critics are complaining the plan will stall efforts to reform the federal flood insurance program to make it more solvent and less-dependent on...

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