Useppa Island Real Estate Continues to Watch Flood Insurance Rates. Lloyd's of London and other private insurers have muscled into the market, picking up customers stunned by rate hikes under the National Flood Insurance Program. The emergence of private companies into the market could be a boon for thousands of Floridians who face huge rate increases under the federal program because their homes were built decades ago in low-lying areas. Lloyd's, the venerable London-based institution, began … [Read more...]