Insurance leaders look to fill void as Trump’s resilience plan pushes states to lead on disasters
"By engaging the P&C insurance industry and rewarding proactive mitigation efforts, we can shift liability away from taxpayers and create a sustainable model that reduces losses for everyone," said Daniel Kaniewski, founder and CEO of Northstar Risk & Resilience and former Federal Emergency Management Agency deputy administrator and Marsh U.S. public sector leader.
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Daniel Kaniewski comments on states leading on disaster resilience programs.
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Daniel Kaniewski comments on states leading on disaster resilience programs.
Disaster resilience can’t fall on insurers alone, Marsh’s Kaniewski warns.
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.
Trump says states should manage disasters and weighs shuttering 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.