Nat Cat Policy Area 6: PIA Policy for New Responses

Ongoing

As we examine each event, we come across many new ideas proposed by others to see what could be done better. 

PIA’s policy has always been and will remain that we will no not necessarily rush to judgment in either opposing or embracing a newly proposed idea out of hand. 

Rather, we will take the time to better understand:

  1. The reasons, motivations and desired outcomes of the person/entity that has provided the new idea
  2. Understand its parts and as a whole
  3. Access the idea in the complete context of the current systems and tangents
  4. Determine how much and what aspects can be developed further and to make the new idea work or to take parts of the idea to create an alternative idea that will work.
  • PIA strongly believes that all of us speaking to and supporting NAT-CAT solutions to policymakers, along with all policymakers themselves, owe it to the public to thoroughly consider all these ideas to be sure that the changes we make have the best chance of success as new responses to future events
  • The heat of our frustrations now and will for some time, lie with how the current system did not perform as well as required for the multi-needs and extra-ordinary scope of Katrina aftermath. However, we cannot permit ourselves to rush into adopting new things or flat our reject a proposal because we don’t like certain aspects of it.  If this happens people may be even more susceptible to these dangers in the future.
  • PIA members have never, will not and cannot accept  no insurance market availability as a response in the aftermath of a NAT-CAT event.
  • As we did when we drove the creation of the NFIP, PIA will find those new ideas and solutions that balance these two very competitive and sometimes conflicting needs – economic recovery for suffering communities and viable workable insuring markets in those available and growing in those communities.

Updated July 12, 2006

 

PIA President Page Meets With Former FEMA Director James Lee Witt

Federal Rulings On Payouts Are in Conflict

New York Vulnerable To Rare ‘Northern Hurricanes’

PIA President Robert Page Speaks on Nat Cat During NCOIL Panel

Patricia A. Borowski
Sr. VP, Government/Regulatory Affairs
patbo@pianet.org
(703) 518-1360

Kellie Bray
Asst. VP, Federal Affairs
kelliebr@pianet.org
(703) 518-1364