Senate Acts On Bill To Delay Flood Insurance Hikes

WASHINGTON (AP) -- Bipartisan legislation that would delay flood insurance premium hikes for hundreds of thousands of people living in coastal and low-lying areas cleared its first hurdle in the Senate on Monday. The 86-13 vote demonstrated that the measure had filibuster-proof support in the chamber, which was likely to pass it in a few days. The legislation would delay for up to four years premium increases set to phase in next year on homeowners facing whopping premium increases under new flo...