GRAPEVINE, Texas (Sept. 19, 2012) The National Association of Mutual Insurance Companies (NAMIC) announced at its annual convention in Grapevine, Texas, that Sens. Jon Tester, D-Mont., and David Vitter, R-La., have been named Federal Legislators of the Year for 2012.
"Senators Tester and Vitter played a leading role in helping ensure that millions of Americans will have access to flood insurance through the National Flood Insurance Program, without putting the taxpayers at additional risk," said Charles M. Chamness, NAMIC president and CEO. "In these contentious times, they have shown that bipartisanship is still possible on big issues."
Passage of flood insurance reform marks one of the very few bipartisan accomplishments in this sharply divided Congress and signifies a major victory for NAMIC and the industry. Vitter and Tester worked across party lines to build support for flood reform, all the while ensuring that a harmful lapse in NFIP authorization did not occur. Together, the two co-authored a letter calling for a long overdue vote on NFIP reform legislation, which was supported by 41 senators.
"For years, the NFIP was held hostage to partisan politics and personal agendas, creating uncertainty for the housing market and the broader economy," said Jimi Grande, NAMIC's senior vice president of Federal and Political Affairs. "Thanks to the leadership and hard work of Senators Tester and Vitter, American homeowners will have the certainty of knowing the NFIP will be there when they need it."
Each year, NAMIC selects a federal lawmaker who has been a leader on the issues of great importance to the insurance industry as Legislator of the Year. This year, Tester and Vitter have both earned the distinction in their work together to reform and reauthorize the NFIP. "Together, they showed that this issue is not about one party, or one part of the country," Chamness said.
Contact: Brent Bahler
Vice President of Public Affairs
Public Affairs Director - State & Policy Affairs
Posted: Wednesday, September 19, 2012 11:00:41 AM. Modified: Wednesday, September 19, 2012 11:17:38 AM.
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