On the subject of Santa’s Naughty or Good checklist, Jeff Jackson is attempting very exhausting to boost his standing to “good.” Jackson is probably the most senior govt 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 the moment serves because the Performing Assistant Administrator of the Federal Insurance coverage Directorate and the interim senior govt 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.
Beneath Jeff’s management, the group is enhancing the NFIP’s buyer expertise and utilizing modern 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 danger, decrease worth houses subsidizing greater danger, greater worth houses. He continues to passionately advocate for extra NFIP reforms together with the necessity for a method examined affordability plan to assist deal with pricing boundaries for a lot of uninsured People.
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 Element 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 might counsel 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 few authorities regulator listening and admitting errors:
[I]t’s essential to be very buyer targeted. That’s one thing that had begun earlier than I arrived, however that we’ve continued there… You recognize, it’ll shock your listeners to listen to that folks have been dissatisfied with the efficiency of presidency relating to ease and usefulness. So, we actually consider authorities can set the instance for interface in lots of instances… Like lots of issues we hear in regards to the dangerous information, we hear in regards to the missteps….
His ideas appear progressive. The issue is that a number of of those reforms require Congress to go new laws, and that doesn’t appear doable anytime quickly.
Thought For The Day
“Have a objective in life. When water is all over the place, it’s a flood, however whether it is in between banks, it’s a river.”
—Sri Sri Ravi Shankar
