On the recordJuly 20, 2010
Expanding NFIP to cover windstorm insurance would unnecessarily duplicate available insurance products and could 'crowd out' such products where they are offered.
Source
presidency.ucsb.eduBarack Obama: “Expanding NFIP to cover windstorm insurance would unnecessarily duplicate available insurance products and could 'crowd…”
Editor's note · Context
Statement of Administration Policy: H.R. 1264 - Multiple Peril Insurance Act of 2009
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