R.J. Lehmann on Risk Rating 2.0
ClimateWire – ICLE Editor-in-Chief R.J. Lehmann was quoted by ClimateWire in a story about the scheduled rollout of the National Flood Insurance Program’s Risk Rating 2.0 program. You can read full story here.
“The sclerosis of Congress may allow a good thing to happen in this case,” said R.J. Lehmann, a flood-insurance expert at the International Center for Law & Economics. “Those who would block it understand they don’t have the votes.”
…“The divides that remain over the core legislation have not been resolved, and it doesn’t look like there’s much progress in resolving them,” said Lehmann, who testified at a Senate Banking, Housing and Urban Affairs Committee hearing in May on the NFIP overhaul. “It does not appear to me there’s any appetite to take up significant changes.”
…“It’s an election year, and in an election year given the agenda before Congress, this doesn’t seem like an easy one to resolve,” said Lehmann, the insurance expert.