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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...

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ACI 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...

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Was 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...

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ACI 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...

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FORBES: 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...

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In 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...

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Coalition 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...

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Daily 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....

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ACI 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...

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Competition 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...

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Morning 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...

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Coalition 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...

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Coalition 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...

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Don’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...

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Morning 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...

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Cassidy 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...

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Real 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...

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The 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...

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Inside 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...

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ACI 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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