NAMIC Warns Lawmakers to Focus on Growing Risk to Ease Rising Insurance Costs
Congress needs to look past the surface issues of higher insurance costs and focus on what's driving those increases.
- Congress needs to look past the surface issues of higher insurance costs and focus on what's driving those increases.
- "Insurance is a mechanism for spreading risk, and it is not insurance that's changed," said Jimi Grande, senior vice president of federal and political affairs for NAMIC.
- "Instead, what we're seeing is the risk and cost of what's being insured going up dramatically.
- Congress needs to look past the surface issues of higher costs and focus on what's driving those increases."