Daniel Kaniewski comments on states leading on disaster resilience programs.
Disaster resilience should be a shared priority, but while insurers must take the lead, they cannot shoulder the financial burden alone, according to Daniel Kaniewski, managing director for the public sector at Marsh McLennan and former deputy administrator for resilience at FEMA.
“The real question is how those burdens should be shared at all levels of government,” said Daniel Kaniewski, the second-highest ranking official at FEMA during Mr. Trump’s first administration and now a managing director at Marsh McLennan, a consulting firm.
In this interview, Daniel Kaniewski warns that the vast majority of homeowners are dangerously underinsured against flooding, arguing that the solution requires a combination of reforming the National Flood Insurance Program and incentivizing local governments to adopt resilience strategies like community-based catastrophe insurance.
Daniel Kaniewski live on Bloomberg television highlighted how recent hurricanes exposed FEMA's resource constraints while underscoring the critical need for investment in hazard mitigation, reliance on local officials to combat misinformation, and urgent reforms to the National Flood Insurance Program.
Daniel Kaniewski testifies on the Reauthorization of the National Flood Insurance Program before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
