News & Events

Hagerty Feature: Homeland Security Today

The Moral Hazard of Underinsurance

Did you know that nearly 25% of federal recovery dollars provided to disaster-impacted communities over the past two decades have been spent either repairing or replacing public buildings and their contents?

Based on his previous experience as FEMA Administrator, our Executive Chairman, Brock Long, recently outlined what federal policy changes and practices he believes are necessary to increase insurance coverage, incentivize mitigation investments, and ultimately decrease the costs and risks associated with disasters.

You can read more here.