The American Property Casualty Insurance Association (APCIA) released the following statement commending the House of Representatives for passing S. 3875, the Community Disaster Resilience Zones (CDRZ) Act of 2022. The bill, sponsored by Senator Gary Peters (D-MI) and Senator Rob Portman (R-OH), passed the Senate in September, and will now head to the President for signature. The CDRZ Act will amend the Stafford Act to establish a statutory structure to identify and designate communities that are the most in need and most at risk to natural hazards, such as hurricanes, flooding, earthquakes, and wildfires, to increase public and private sector investments in housing, infrastructure, and community-wide resilience. The following statement may be attributed to Theresa Pettigrew, APCIA’s assistant vice president of federal government relations:
“APCIA commends the House for passing S. 3875, the Community Disaster Resilience Zones Act of 2022. We worked together with a broad coalition of stakeholders to build support for this bill, to encourage identification of communities most at-risk and most in need of mitigation projects to reduce their risk from natural disasters. This data-focused approach will help drive investments to improvements for vulnerable communities across the country. APCIA applauds the bipartisan leadership in the House and Senate that led to passage of this important bill.”
The American Property Casualty Insurance Association (APCIA) is the primary national trade association for home, auto, and business insurers. APCIA promotes and protects the viability of private competition for the benefit of consumers and insurers, with a legacy dating back 150 years. APCIA members represent all sizes, structures, and regions—protecting families, communities, and businesses in the U.S. and across the globe.