Louisiana Flood of 2016 drives surge in insurance policies

The Louisiana Flood of 2016 is driving homeowners to buy federal flood insurance — some for the first time — after a steady, years-long decline in participation in the national program. The National Flood Insurance Program in 2016 is on pace to top its 2012 high in Louisiana of roughly 483,000 active policies, said Wayne Berggren, an insurance crew leader with FEMA.