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Washington – Representative Gene Taylor (D-MS) continues to push for H.R. 1264, the Multiple Peril Insurance Act to be heard on the floor of the U.S. House of Representatives before the August Congressional recess. Environmental interests, consumer advocates, taxpayer watchdogs, the business community and insurers remain strongly united with the Obama Administration against this short-sighted bill.

“This proposed legislation is unnecessary and fraught with negative consequences that will harm consumers and the marketplace at a fragile time for our American economy,” said David Sampson, president and CEO of the Property Casualty Insurers Association of America (PCI). “This approach is a mistake that could deliver devastating results to the U.S. jobs market and add billions to the federal deficit.”

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