On the recordMay 6, 2014
But everywhere we can reduce those administrative costs or the costs that the insurance companies are charging for either servicing or the commissions that they receive, we make the program more stable.
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congress.govCedric Richmond: “But everywhere we can reduce those administrative costs or the costs that the insurance companies are charging for…”
Editor's note · Context
Richmond emphasizes the need to reduce administrative costs in the Flood Insurance Program.
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