Political Quotes

Pat Toomey: “When homeowners and communities are protected from the financial loss of flooding, all else being equal they have less…”

On the recordMay 17, 2021
When homeowners and communities are protected from the financial loss of flooding, all else being equal they have less of an incentive to manage and mitigate that risk.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey discusses the issue of moral hazard in flood insurance.

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