PIA supports a coordinated natural disaster catastrophe program that covers commercial and residential property and does not compete with private sector capacity to provide insurance.

• Insurers should be allowed to price policies according to risk.
• Any catastrophe program should be designed as a public-private collaborative effort, involving participation by states and local governments.
• Comprehensive natural disaster legislation cannot be fully addressed by combining it with other forms of catastrophic events such as flood insurance or terrorism insurance.
• PIA supports the availability, affordability and stability of property insurance in catastrophe prone areas for
  the economic viability of local communities.

To learn more about PIA's position on Natural Disaster Legislation, read the March 2009 Natural Disaster Legislation PIA Position Paper (PDF file).

Rather than be confused or overwhelmed by the magnitude of information on this topic, PIA National's Special Nat Cat Task Force has organized this massive subject into six policy action and information components (below). 

It is critical to appreciate and understand the nature of each of the six components. Each component creates/forces an independence from each other and also has individual and specific reform/improvement needs. Several of these components have their own specific path to follow in order to secure necessary reforms.

Yet, each component is also highly dependent upon the others in order to operate as successfully as intended. Collectively, all six components make up the whole market/policy operative environment in which each part must execute their portions and together deliver the intended benefits.

With this approach, PIA has organized our policy actions and established a resource index that will assist PIA National policy and advocacy actions, our coordination with public policymakers, the insurance sector, PIA affiliates, PIA members, and other related interested parties (developers, lenders, realtors, etc.).

PIA's 6 Nat Cat Policy Areas

1. NFIP Reforms

2. Governmental Obligations

3. Preparedness and Emergency Response to NAT CATs 

4. PIA Association Response

5. PIA Agency Action Manual

6: PIA Policy for New Responses