On the recordFebruary 13, 2017
We got to quit subsidizing risk below which behavior will change, and the Flood Insurance Program is basically designed at too low a point.
Source
congress.govWe got to quit subsidizing risk below which behavior will change, and the Flood Insurance Program is basically designed at too low a point.
Fugate emphasizes the need to stop subsidizing flood insurance to encourage better risk management.
Share
More from Craig Fugate
If the answer is no, I need to tell you no on the front end, not delay that answer and hope it gets better.
A slow or weak pulse, like a tax base below the cost of running the community's government, will impede the recovery after a disaster.