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Press release content from BusinessWire. The AP news staff was not involved in its creation.

AM BestTV: Partial Federal Shutdown Hampers U.S. Insurers’ National Efforts

January 24, 2019 GMT

OLDWICK, N.J.--(BUSINESS WIRE)--Jan 24, 2019--In this episode of AM BestTV, attendees at the Insurance Information Institute’s Joint Industry Forum in New York City said the partial shutdown of the U.S. federal government is hampering progress on a host of issues, ranging from floods to tariffs. Click on http://www.ambest.com/v.asp?v=jointforum1119 to view the entire program.

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Executives attending this forum expressed frustration with the shutdown.

“This shutdown is obviously very distracting. The federal government is stalemated on its most basic function, which is providing the funding for very basic government services,” said David Sampson, president and chief executive officer, American Property Casualty Insurance Association. “Nothing can move forward on any of these other important key public policy issues.”

Roy Wright, president and chief executive officer, Insurance Institute for Business & Home Safety, and a former chief executive of national flood at the Federal Emergency Management Agency (FEMA), said, “It makes you angry that the government has not been able to come to a solution to get people back in. There are so many services that the government provides that affect the housing industry and the like, but particularly in the flood and insurance spaces.”

Other people that appear in this episode:

Recent episodes of AM BestTV include:

AM BestTV covers exclusive AM Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors daily. Sign up for alerts of episodes at. ViewAMBestTV episodes at.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. Visitfor more information.

Copyright © 2019 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190124005669/en/

CONTACT: Lee McDonald

Group Vice President, Publication and News Services

+1 908 439 2200, ext. 5561

lee.mcdonald@ambest.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA NEW JERSEY

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE INSURANCE

SOURCE: AM Best

Copyright Business Wire 2019.

PUB: 01/24/2019 01:04 PM/DISC: 01/24/2019 01:03 PM

http://www.businesswire.com/news/home/20190124005669/en

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