Washington Warming to National Disaster Plan Idea
National News • March 16, 2007
A proposal for a national disaster plan to backup private hurricane and flood insurance markets appears to be gaining momentum in Washington.
This week, Rep. Barney Frank, D-Mass., chairman of the ...
Insurance Journal is not responsible for the content of the message below.
Subject: RE: RE: RE: We're lucky to have Barney Frank in Congress
Posted On: March 16, 2007, 2:34 pm CDT
Posted By: Jeff
Comment:
I wouldn't suggest that everyone pay the same for all areas. I, for example, live in AZ. I wouldn't expect / want to pay the same as someone in Miami, but wouldn't mind making a contribution to the fund just like the NFIP.
There are also other solutions to aid in the problem. For example, building codes in wind / flood prones areas should take that into consideration. Also, there could be a slight increase in sales tax in certain areas to help. I know tourism is a big industry in FL, so an increase in hotel / restaurant taxes could help significantly
With the "move away" comment. I was just trying to address several comments I've read on this FL issue. I have read may messages that were simply to move to another part of the country. And my point was that if everyone moved away from wind / flood prone areas, we would have large segments of vacant areas of the country. I guess it was sort of a preemptive point.
Subject: RE: RE: RE: We're lucky to have Barney Frank in Congress
There are also other solutions to aid in the problem. For example, building codes in wind / flood prones areas should take that into consideration. Also, there could be a slight increase in sales tax in certain areas to help. I know tourism is a big industry in FL, so an increase in hotel / restaurant taxes could help significantly
With the "move away" comment. I was just trying to address several comments I've read on this FL issue. I have read may messages that were simply to move to another part of the country. And my point was that if everyone moved away from wind / flood prone areas, we would have large segments of vacant areas of the country. I guess it was sort of a preemptive point.