And in my state, you know, more often it's tornadoes. But if you have to price that risk in order to stay in business, the alternative is things like the National Flood Insurance Program where We have actually drafted bills, we've had hearings on and we're working to get towards a markup this year [for the National Flood Insurance Program]. But they don't have to make money, right? They don't and they don't. They lose quite a lot. The federal government offers the flood insurance program because insurers can't really accurately cover all those things. (01:27–01:45)
CLAIM
Asserts that there are ongoing legislative efforts regarding the National Flood Insurance Program.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
