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Flood Insurance Lobby Storms the Hill

Source: Politico

Posted on 08 May 2012

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Congress Flood InsuranceA large contingent of trade and environmental groups and companies is planning to "flood the Hill" as part of a campaign to lobby Congress to take up flood reinsurance legislation before the end of the year.

The American Insurance Association, the Reinsurance Association of American and the National Association of Mutual Insurance Companies, along with the National Wildlife Federation, The Nature Conservancy, Allstate, Nationwide Insurance and the Marsh McLennan Companies, among others, are engaging in the Monday to Friday intensive push with calls, emails, meetings and media hits.

The National Flood Insurance Program's authorization is set to expire on May 31. And the groups want Congress to go beyond a short-term extension. The all-hands-on-deck lobbying push will include: Social media, earned media, a joint letter to the Senate, phone calls and emails to Senate offices and meetings on Capitol Hill.

"Reforming the near-insolvent program to better resemble a private insurance model will reduce taxpayer exposure to natural disasters, reduce the federal debt and protect the environment," NAMIC's Matt Gannon told Politico. "Long-term reauthorization is necessity to provide certainty to the recovering housing and financial markets."