Statement from Jimi Grande
Senior Vice President, Federal and Political Affairs
National Association of Mutual Insurance Companies
“Any delay to the reforms approved by Congress in the Biggert-Waters Act of 2012 only serves to put the taxpayers at risk if having to again bail out the National Flood Insurance Program should a major flood occur during the spring thaw or the 2014 hurricane season.
“For the vast majority of flood insurance policyholders, and Americans in general, the Biggert-Waters Act represents real progress in ensuring that the NFIP will be there when they need it. If Congress feels it must delay these much-needed reforms, we hope those same lawmakers who pushed to delay the reforms will devote their time to crafting legislation targeted specifically at the problems that arose, especially for low-income policyholders, during implementation rather than simply pushing to further set the program back.”
Director, Federal Public Affairs
Posted: Tuesday, January 14, 2014 1:45:57 PM. Modified: Wednesday, January 15, 2014 9:28:31 AM.
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