PIA (Alexandria, VA)—The National Association of Professional Insurance Agents (PIA) announced its support for three House bills introduced by Representative. Bennie Thompson (D-Miss.) who is Chairman of the Committee on Homeland Security. The bills, all of which relate to Climate Risk Mitigation, include:
H.R. 3026 The Hazard Mitigation for All Act
H.R. 3027 The Pre-disaster Hazard Mitigation Enhancement Program Act
H.R. 3028 The First Responder Innovation and Support Act of 2009
Other groups supporting the bills include,
The American Insurance Association
The Association of Bermuda Insurers and Reinsurers
The Property Casualty Insurers Association of America
National Association of Mutual Insurance Companies
The Reinsurance Association of America
The National Wildlife Federation
“These legislative initiatives will go a long way toward making America a more disaster resistant nation,” said William McGraw, co-chair of the national PIA working group. “We urge Congress to support this important legislation.” On the broader issue of natural catastrophe policy, PIA supports a coordinated natural disaster catastrophe program that covers commercial and residential property and does not compete with the private sector’s capacity to provide insurance; we also support insurers being allowed to price policies according to risk.
Source: http://www.pianet.com/IssuesOfFocus/HotIssues/naturaldisaster/7-21-09-7.htm (Reliability 7 )
theeriegreen
aflugher
0spacecowboy0
cpedler