Flood Fiasco

On Feb. 28, the National Flood Insurance Program lapsed for several days because Congress failed to pass reauthorization. That was just the latest issue for this program that is becoming a major concern for independent agents. Their worries: insufficient coverage, insufficient limits and insufficient leadership in Washington when it comes to this key program. In this interview with Insurance Journal, Rob Rusbuldt, president and CEO for the Independent Insurance Agents and Brokers of America, and the Big I’s chief lobbyist, Charles Symington, lay out what agents see as the problems with the flood insurance program and what solutions the agency community would like to see.

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  1. March 25, 2010 at 10:39 am

    [...] Big “I” CEO and president, the Independent Insurance Agents and Brokers of America, has criticized Congress for letting NFIP lapse and not tending to reforms for NFIP. Posted in UBI [...]

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