They say politics makes for strange bedfellows, but I thought April Fools Day had come early when a news release hit my e-mail this morning announcing that the Reinsurance Association of America was on the same side as the industry's chief critic, Bob Hunter of the Consumer Federation of America, in opposing expansion of the National Flood Insurance Program to include wind damage.
As reported by our own Matt Brady, Mr. Hunter, CFA's insurance director, has indeed joined a consortium that includes RAA–along with various tax and environmental advocacy groups–to discourage the Senate from adding wind coverage as part of the Flood Insurance Reform and Modernization Act of 2007.
(For the complete story, click here.)
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