Consumer Groups Applaud Connecticut Commissioner for Banning Price Optimization
Washington, D.C. – Connecticut Insurance Commissioner Katharine Wade issued an official bulletin last week to insurance companies to disclose any use of so-called “price optimization” and highlighted...
View ArticleConsumer Groups Applaud Alaska Insurance Director Wing-Heier for Banning...
Washington, D.C. – Alaska Insurance Director Lori Wing-Heier issued an official bulletin to insurance companies to disclose any use of so-called “price optimization” and highlighted the state’s...
View ArticleConsumer Groups Criticize IL Insurance Director for Failing to Enforce Unfair...
Washington, D.C. – A coalition of consumer groups are calling on Acting Illinois Insurance Director Anne Melissa Dowling to reverse her “do-nothing” position and start protecting Illinois consumers...
View ArticleConsumer Groups Applaud Missouri Commissioner for Banning Price Optimization
Washington, D.C. – Missouri Insurance Commissioner John Huff issued an official bulletin to insurance companies to disclose any use of so-called “price optimization” and highlighted the state’s...
View ArticleCFA Urges House Committee to Oppose HR 2901, the Flood Insurance Market...
CFA shares the concerns of many House Committee on Financial Services Members that the current National Flood Insurance Program is too costly and actuarially unsound. CFA also agrees that there is a...
View ArticleConsumer Groups Applaud Virginia Commissioner Cunningham for Banning Price...
Washington, D.C. – Virginia Insurance Commissioner Jacqueline Cunningham issued an official bulletin in April to insurance companies reminding companies that the use of so-called “price optimization”...
View ArticleCFA Encourages Senate Opposition to Flood Insurance Market Parity and...
In a letter to the Senate Banking Committee, CFA Director of Insurance J. Robert Hunter urges opposition to H.R. 2901, the Flood Insurance Market Parity and Modernization Act as passed by the House and...
View ArticleBusiness of Disaster
Earlier this week, National Public Radio and PBS Frontline aired powerful and distressing reports on the state of the National Flood Insurance Program. The programs focused on two key aspects of the...
View ArticleWhat Consumers Should Do to Get Fair Claims Payments in the Wake of Hurricane...
Washington, D.C. — The Consumer Federation of America (CFA) today warned consumers to prepare to file claims for damage expected to occur as a result of Hurricane Matthew. CFA believes that Hurricane...
View ArticlePresident Trump’s Budget Eliminates Money for Flood Insurance Mapping
Washington, D.C. – President Trump’s “Budget Blueprint to Make America Great Again” guts the National Flood Insurance Program’s (NFIP) mapping effort by proposing to eliminate “the discretionary...
View ArticleCFA Comments on Flood Insurance Discussion Draft
The House Financial Services Committee Discussion Draft flood insurance bill is an improvement over previous drafts but still has some very bad provisions. We support greater involvement of private...
View ArticlePrinciples for National Flood Insurance Program Reauthorization
CFA strongly supports Congress taking steps during the National Flood Insurance Program (NFIP) reauthorization process to allow private insurers to assume a significant amount of flood risk. However,...
View ArticleWhat Consumers Should Do to Get Fair Claims Payments in the Wake of Hurricane...
Washington, D.C. — The Consumer Federation of America (CFA) today warned consumers to prepare to file claims for damage resulting from Hurricane Harvey and offered tips on how to get all you are...
View ArticleWhat Consumers Should Do to Get Fair Insurance Claims Payments in the Wake of...
Washington, D.C. — The Consumer Federation of America (CFA) today warned consumers to prepare to file claims for damage resulting from Hurricane Irma and offered tips on how to get all you are entitled...
View ArticleSteps You Should Take to Get a Fair Insurance Claims Payment After Hurricanes...
Washington, D.C. — The Consumer Federation of America (CFA) today offered tips on how to get all you are entitled to from your insurance company if your home was damaged by Hurricane Irma or Hurricane...
View ArticleInsurance Commissioners and FEMA Should Adopt Accountability Measures to...
Washington, D.C. — Today the Consumer Federation of America (CFA) called on the Federal Emergency Management Agency (FEMA) and the insurance commissioners of states impacted by Hurricanes Harvey and...
View ArticleCFA Opposes Consideration of Private Flood Insurance Outside the...
The House of Representatives is considering legislation promoting development of private flood insurance as part of a bill to reauthorize the FAA for six months and provide hurricane tax relief. The...
View ArticleSteps You Should Take to Get a Fair Insurance Claims Payment After Wildfire...
Washington, D.C. — The Consumer Federation of America (CFA) today offered tips on how to get all you are entitled to from your insurance company if your home was damaged or destroyed by the current...
View ArticleCFA Opposes H.R. 2874, the 21st Century Flood Reform Act
CFA strongly supports Congress taking steps during this reauthorization process to allow private insurers to assume a significant amount of flood risk. However, involving the private insurance market...
View ArticlePrinciples for Reforming the National Flood Insurance Program
In a letter to the Senate, CFA has outlined principles by which consumers of flood insurance will measure the acceptability of any draft bill to reform the National Flood Insurance Program (NFIP). CFA...
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