« Minnesota Dep. Of Commerce Plans Outreach To Warn Consumers Of Insurance Crimes | Main | Government Approves Mass. Universal Health Insurance Program »

Aug 1
Catastrophic Disaster Risk and Insurance Commission Act
The House introduced legislation “establishing a bipartisan commission to help the federal government prepare and manage responses to national disasters” according to nationalunderwriter.com.  The bill, H.R. 5891, is called the Catastrophic Disaster Risk and Insurance Commission Act. 

The bill “would create a 17-member panel that would include an independent insurance agent as part of the commission.”  The responsibility of the commission includes “recommending policies to help the federal government prepare for and manage disaster response, mitigate future costs, reduce the likelihood of fraud and abuse in a federal repayment program, and hedge any risk exposure assumed by the federal government in the adoption of a national catastrophe program.”


In light of the disastrous response to Hurricane Katrina I can’t think of a more needed group of people.  When another disaster strikes with the magnitude of Katrina I hope we have established a clear and concise plan to rescue people and provide shelter and food for the short and long-term. 

0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Minnesota Dep. Of Commerce Plans Outreach To Warn Consumers Of Insurance Crimes | Main | Government Approves Mass. Universal Health Insurance Program »

Advertise

2008

sponsored ads



topics