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Monday, February 24, 2025

Nationwide Flood Proofs of Loss for Hurricanes Helene and Milton Prolonged to 180 Days


In relation to Santa’s Naughty or Good record, Jeff Jackson is making an attempt very arduous to boost his standing to “good.” Jackson is probably the most senior government of the Nationwide Flood Insurance coverage Program (NFIP.) Jackson prolonged the deadline for policyholders to file their Hurricane Helene or Milton flood proofs of loss to 180 days.

The FEMA web site lists the next about Jeff Jackson:

Jeff Jackson at present serves because the Performing Assistant Administrator of the Federal Insurance coverage Directorate and the interim senior government of the Nationwide Flood Insurance coverage Program (NFIP) inside FEMA’s Workplace of Resilience.

On this function Jeff leads the each day operations of the NFIP, the world’s largest single-peril insurance coverage supplier, which serves 4.7 million policyholders nationwide and generates over $3.5 billion in annual income.

Underneath Jeff’s management, the group is enhancing the NFIP’s buyer expertise and utilizing revolutionary approaches that supply policyholders extra alternative, and a program that aligns with the non-public insurance coverage market.

Jeff performed an instrumental function in FEMA’s 2021 implementation of the NFIP’s up to date ranking method. The adjustments corrected longstanding pricing inequities effecting practically a million policyholders by eliminating decrease threat, decrease worth properties subsidizing greater threat, greater worth properties. He continues to passionately advocate for extra NFIP reforms together with the necessity for a method examined affordability plan to assist deal with pricing limitations for a lot of uninsured Individuals.

Previous to his present function, Jeff has held a number of key FEMA management positions together with Deputy Assistant Administrator for the Federal Insurance coverage Directorate since 2020, Deputy Assistant Administrator of the Nationwide Preparedness Directorate, Deputy Chief Part Procurement Officer, the place he oversaw a dramatic enhance in procurement demand from $1.6 billion in FY16 to $4.1 billion in Fiscal 12 months 2018.

I’d recommend that readers hearken to Jeff Jackson discuss his ideas about reforming the NFIP:

Within the video, Jackson makes the next assertion, which is refreshing to listen to a couple of authorities regulator listening and admitting errors:

[I]t’s vital to be very buyer centered. That’s one thing that had begun earlier than I arrived, however that we’ve continued there… , it’ll shock your listeners to listen to that individuals have been dissatisfied with the efficiency of presidency with regards to ease and value. So, we actually imagine authorities can set the instance for learn how to interface in lots of circumstances… Like quite a lot of issues we hear concerning the unhealthy information, we hear concerning the missteps….

His ideas appear progressive. The issue is that a number of of those reforms require Congress to cross new laws, and that doesn’t appear doable anytime quickly.

Thought For The Day

“Have a objective in life. When water is in all places, it’s a flood, however whether it is in between banks, it’s a river.”
—Sri Sri Ravi Shankar



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