One of the problems that we have here in the Senate is the fact that Senators from States that are not coastal States tend to think that hurricanes are not their problem.
Bill Nelson
The Public Record
Bill Nelson is an American politician and attorney who served as a United States Senator from Florida from 2001 to 2019. A member of the Democratic Party, he previously represented Florida's 9th congressional district in the U.S. House of Representatives from 1993 to 2001. Nelson also held the position of Florida's Insurance Commissioner from 1995 to 1999, where he focused on consumer protection and insurance reform.
Senator Martinez and I have introduced several bills this year because we want a pro-active approach to addressing these natural catastrophe concerns.
the insurance industry is split on this issue, on what we're talking about here.
I think we're going to be able to get that satellite up, because now the Department of Defense has a need for another instrument...
Hurricane Katrina caused at least ten oil spills, dumping in total more than 7.4 million gallons into the Gulf Coast region's waterways.
So, it's fair to say that the reinsurance industry would not support the bills that we've introduced with regard to the Federal Government giving a loan guarantee to the States for their hurricane catastrophe funds.
the private sector cannot easily compete with the public sector in providing reinsurance.
We've had La Nina, the cold Pacific waters. Your bulletin, dated just a week or so ago, says, that El Nino is arriving.
With the amount that they're having to pay for homeowners insurance now if you're in a coastal area, you would think that people would be asking about those things when they buy a house.





