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Saturday, January 11, 2025

Nationwide Flood Proofs of Loss for Hurricanes Helene and Milton Prolonged to 180 Days


In the case of Santa’s Naughty or Good record, Jeff Jackson is attempting very onerous to lift his standing to “good.” Jackson is probably the most senior government of the Nationwide Flood Insurance coverage Program (NFIP.) Jackson prolonged the deadline for policyholders to file their Hurricane Helene or Milton flood proofs of loss to 180 days.

The FEMA web site lists the next about Jeff Jackson:

Jeff Jackson presently serves because the Performing Assistant Administrator of the Federal Insurance coverage Directorate and the interim senior government of the Nationwide Flood Insurance coverage Program (NFIP) inside FEMA’s Workplace of Resilience.

On this position Jeff leads the day by day operations of the NFIP, the world’s largest single-peril insurance coverage supplier, which serves 4.7 million policyholders nationwide and generates over $3.5 billion in annual income.

Below Jeff’s management, the group is bettering the NFIP’s buyer expertise and utilizing revolutionary approaches that supply policyholders extra alternative, and a program that aligns with the personal insurance coverage market.

Jeff performed an instrumental position in FEMA’s 2021 implementation of the NFIP’s up to date score strategy. The modifications corrected longstanding pricing inequities effecting practically a million policyholders by eliminating decrease danger, decrease worth houses subsidizing larger danger, larger worth houses. He continues to passionately advocate for added NFIP reforms together with the necessity for a method examined affordability plan to assist deal with pricing boundaries for a lot of uninsured People.

Previous to his present position, Jeff has held a number of key FEMA management positions together with Deputy Assistant Administrator for the Federal Insurance coverage Directorate since 2020, Deputy Assistant Administrator of the Nationwide Preparedness Directorate, Deputy Chief Element Procurement Officer, the place he oversaw a dramatic enhance in procurement demand from $1.6 billion in FY16 to $4.1 billion in Fiscal Yr 2018.

I might recommend that readers hearken to Jeff Jackson discuss his ideas about reforming the NFIP:

Within the video, Jackson makes the next assertion, which is refreshing to listen to a couple of authorities regulator listening and admitting errors:

[I]t’s essential to be very buyer centered. That’s one thing that had begun earlier than I arrived, however that we’ve continued there… You understand, it’ll shock your listeners to listen to that folks have been dissatisfied with the efficiency of presidency with regards to ease and usefulness. So, we actually consider authorities can set the instance for interface in lots of circumstances… Like plenty of issues we hear concerning the dangerous information, we hear concerning the missteps….

His ideas appear progressive. The issue is that a number of of those reforms require Congress to cross new laws, and that doesn’t appear potential anytime quickly.

Thought For The Day

“Have a objective in life. When water is all over the place, it’s a flood, however whether it is in between banks, it’s a river.”
—Sri Sri Ravi Shankar



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