The National Association of Mutual Insurance Companies (NAMIC) has named Sen. David Vitter, R-La., one of its Federal Legislators of the Year for 2012. Sen. Jon Tester, D-Mont., also won the award.
“Senators Tester and Vitter played a leading role in helping ensure that millions of Americans will have access to flood insurance through the National Flood Insurance Program, without putting the taxpayers at additional risk,” said Charles M. Chamness, NAMIC president and CEO. “In these contentious times, they have shown that bipartisanship is still possible on big issues.”
Passage of flood insurance reform marks one of the very few bipartisan accomplishments in this sharply divided Congress and signifies a major victory for NAMIC and the industry. Vitter and Tester worked across party lines to build support for flood reform, all the while ensuring that a harmful lapse in NFIP authorization did not occur. Together, the two co-authored a letter calling for a long overdue vote on NFIP reform legislation, which was supported by 41 senators.
Each year, NAMIC selects a federal lawmaker who has been a leader on the issues of great importance to the insurance industry as Legislator of the Year.
This year, Tester and Vitter have both earned the distinction in their work together to reform and reauthorize the NFIP. “Together, they showed that this issue is not about one party, or one part of the country,” Chamness said.
Source: NAMIC
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