Jon Jensen's Expert Testimony On NFIP Reform

Correll CEO Jon Jensen Provides Flood Insurance Expertise In Senate Hearing

In 2012, Correll CEO Jon Jensen was asked to provide expert testimony to a Senate subcommittee examining the extension and reform of the National Flood Insurance Program (NFIP). Reform of the program has been debated for years, as it has rolled up billions of dollars in shortfalls. At the time of this testimony, Jensen served as chairman of the Government Affairs Committee for the Independent Insurance Agents & Brokers of America (Big "I"). In his testimony, Jensen shared support for reform of the program, including phasing out subsidies for certain properties and adding the ability to increase the amount premiums can be raised to improve the program's financial stability.

Watch Jensen's testimony, which starts at 8:15, and that of three other experts before the Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy:

We have enjoyed doing business with Adams Eaddy & Associates since August of 2007. Every experience has been positive with all our questions and concerns responded to in a timely manner. All the employees at Adams Eaddy we have dealt with have been professional and courteous at all times. We look forward to continued business with Adams Eaddy & Associates.

Local Agent. National Support.

Correll Insurance Group offers the best of both worlds—you get to use a local, independent agent who lives in your town and knows you personally, but this agent is backed by a strong, national firm that’s been serving the Carolinas for nearly 90 years. So you don’t have to choose between having a personal relationship with your agent and knowing your insurance has enough resources. You’ll get both with Correll.

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