ACI and Coalition Send Letter to the U.S. Senate
ACI supports the sensible and fiscal-minded flood reforms put in place in 2012. The recently introduced Toomey Flood Insurance Amendment makes changes to the law that protect taxpayers and property...
View ArticleACI in Real Clear Policy: A Flood of Private Insurance
The National Flood Insurance Program is $25 billion in the red, and because many of its 2012 legislative reforms were rolled back with the passage of recent legislation, there is little hope that the...
View ArticleWas Ending Flood Insurance Reforms Part of Eric Cantor’s Undoing?
A political earthquake struck Washington last week with Rep. Eric Cantor’s defeat in Virginia’s GOP primary. The stunning loss has already been blamed on a myriad of factors, from Cantor’s support for...
View ArticleACI in the Hill’s Congress Blog: Disasters Could Be Less Disastrous
No region of the United States has a monopoly on catastrophes. Our communities are exposed to floods, hurricanes, tornados, earthquakes, droughts and fires. Some of us are more accustomed to seasonal...
View ArticleFORBES: Privatizing Flood Insurance: The Right Choice For Consumers
As storms leave a drenched eastern seaboard, it provides a reminder of the potentially ruinous effects that storms and hurricanes can bring — communities can be lost, businesses destroyed and families...
View ArticleIn Wake of the Storms, Private Flood Insurance Needed
This piece, published in today’s Daily Caller and written by Steve Pociask, discusses why private insurers should be allowed to provide flood insurance in a market where the government continues to...
View ArticleCoalition Calls for Adopting Sensible Flood Insurance Reforms
ACI signed onto a letter to Congress calling an end to legislative actions that attempt to halt the adoption of flood and catastrophic insurance standards. Such actions are short-sighted, and they put...
View ArticleDaily Journal: Preventing a Flood Insurance Crisis
This piece, published in the Daily Journal and written by Steve Pociask, discusses how to protect consumers from what has become a flood insurance crisis. To read the piece, visit the Daily Journal....
View ArticleACI in the Courier-Post: Time to Reform the Federal Flood Insurance Program
Imagine a scenario in which New Jersey residents impacted by last month’s Nor’easter could not rely on flood insurance to help them rebuild their homes and businesses. Unless Congress takes action...
View ArticleCompetition Can Give Flood Insurance Options
The window is quickly closing for Congress to provide New Jersey homeowners with new and better flood insurance options. Unless the Senate takes action now, property owners across the state could be...
View ArticleMorning Consult: America’s Next President Must Plan for More Frequent Floods
This week’s presidential debate rightfully focused on how to protect America’s homeland, but failed to mention one of the nation’s most dangerous and growing threats: natural disasters. Multiple...
View ArticleCoalition Letter to Congress: Reform NFIP to Support Private Flood Insurance
Today, a large group of nonprofit and taxpayer advocates submitted a letter to members of Congress urging them to promote the availability of private flood insurance as an alternative to the National...
View ArticleCoalition Letter Urges National Flood Insurance Reforms
Twelve groups — including the National Wildlife Federation, R-Street Institute, National Housing Conference and American Rivers — sent a letter to the Financial Services Committee urging support for...
View ArticleDon’t Forget Flood Insurance Reforms
Harvey and Irma are gone, leaving devastation in their wake. Jose is headed away from our east coast, and then there is Maria. These are just the latest crop of significant Atlantic storms. We go...
View ArticleMorning Consult: Flood Insurance Reform is Long Overdue
Hurricane Florence displaced thousands of homeowners and destroyed entire cities along the Atlantic Coast. But because of outdated policies, most consumers who were forced to flee their homes will be...
View ArticleCassidy and Menendez Compromise is a Bad Deal for Taxpayers and Consumers
The National Flood Insurance Program (NFIP) is in desperate need of reform to maintain its solvency, but a recent proposal in the Senate would only make the problem worse. It’s not hard to identify the...
View ArticleReal Clear Policy: NFIP and Subsidies for the Rich
When Congress created the National Flood Insurance Program (NFIP) in 1968, its goal was to provide affordable insurance to help communities rebuild after flooding. In the years since, the program’s...
View ArticleThe Hill: Fixing the National Flood Insurance Program
More than 5 million homeowners and businesses rely on the federally-run National Flood Insurance Program (NFIP) for protection from flooding, but with each passing year, the program’s design flaws and...
View ArticleInside Sources: It’s Time for Congress to Reform the Flood Insurance Program
Lawmakers have until the end of May to debate meaningful reforms to the NFIP — the National Flood Insurance Program that has been in over $20 billion in debt (and growing) for many years. To fix that...
View ArticleACI Joins Coalition Letter on Continuing Reforms on the NFIP
A group of think tanks wrote a letter to concerns about any effort to cancel the Trump administration’s Risk Rating 2.0 initiative, whose implementation already has been delayed until October 2021,...
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