In a State like Alaska, with over 60 percent of its lands under the jurisdiction of the Federal Government, it is clear this is a matter of ...
I'm particularly pleased that Senator Murkowski asked that we hold this hearing.
This topic is of great importance to her constituents.
I thank very much my Vice Chair, Senator Heller, for being very supportive of holding this hearing.
So are you basically saying we are going to have perhaps hundreds of thousands of new homeowners who are going to have deep shock when they ...
And so we are creating something where homeowners who have built up equity over their lifetimes, maybe they have owned the home 30 years, ar...
Absolutely. I really appreciate your testimony on that topic when you talked about the 25-percent loss ratio.
I am very concerned that the unaffordability of flood insurance will cause people to drop their flood insurance.
Those people need to be extended--have the subsidized rates extended to them for a longer period of time.
Chairman Merkley. So I would toss out the idea that I will be happy to follow up with subsequent to this hearing...
Is it upon a 1-year renewal, they get a 1-year policy, then upon renewal of that policy, their rates will go to the unsubsidized?
Thank you.
So, in short, the folks who live on a stream in Oregon are not subsidizing a hurricane zone on the Atlantic coast.
Am I correct in believing that if a family has to pay $1,000 more a year in flood insurance, one of the costs, if you will, that is essentia...
I really think that FEMA needs to have an ombudsman function.
What Senator Murkowski and I have dedicated our service in this committee to be all about is sort of ratcheting this kind of stuff down.
I think tapping the potential of natural gas is a winner for this country.
So my intent here is not to overexploit the resource but my intent is that we develop something that works both for the resource and for tho...