Political Quotes

Bob Menendez: “If FEMA itself recognizes that it is going to lose a million policyholders and insurance is about spreading risk across…”

On the recordFebruary 9, 2023
If FEMA itself recognizes that it is going to lose a million policyholders and insurance is about spreading risk across the widest base possible, you lose a million policyholders; that means the rates go up for everybody else.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez discusses the impact of losing insurance policyholders on rates for others.

Share

More from Bob Menendez

Jul 22, 2024

The training, I think, is probably one of the largest items...

congress.gov
Feb 12, 2026

I have said for months that no one is safe in Trump's America. From New Jersey to Minnesota, mothers, fathers, children--no one is safe. We have seen people like Greg Bovino and his masked paramilitaries come into our communities and cause…

govinfo.gov
Sep 23, 2024

From your perspective, how has Boeing historically and more recently handled the tension between prioritizing safety while also being a moneymaking enterprise?

congress.gov
Jul 22, 2024

And what I know about laws is that they can be made stronger and they could also be made weaker.

congress.gov

Other voices in this conversation