Political Quotes

Jack Reed: “I think having that Federal backstop reassures the insurance industry that, for catastrophic risk, none of them will go…”

On the recordSeptember 24, 2013
I think having that Federal backstop reassures the insurance industry that, for catastrophic risk, none of them will go under.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed emphasizes the importance of federal support for the insurance industry after disasters.

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