Commissioner Tim Temple spoke at last week’s Federal Emergency Management Agency (FEMA) Review Council meeting in Washington, D.C., on the importance of a sustainable, affordable National Flood Insurance Program in Louisiana.
“Louisiana knows firsthand the devastating impact of floods and hurricanes, and we also know the importance of having affordable, reliable insurance coverage,” said Commissioner Temple. “Reforming FEMA and the NFIP is not just necessary—it is overdue. On behalf of our state, I was grateful for the opportunity to collaborate with the FEMA Review Council and my fellow insurance commissioners on building a more resilient future.”
During the meeting, Commissioner Temple talked about the NFIP’s importance to Louisiana, what can be done to improve FEMA and the NFIP, and potential solutions for creating a stronger private flood insurance market. Louisianans hold 9% of all NFIP policies, and there are currently about 419,000 NFIP policyholders in Louisiana…