NAR Salutes Rep. Rick Lazio

March 1, 1998

Rep. Rick Lazio, R-N.Y., chairman of the Housing and Community Opportunity Subcommittee.

Reason: Taking the initiative on natural disaster insurance reform by holding a hearing on the issue in February.

Background: Recent natural disasters in several high-risk areas, such as California and Florida, have made it difficult for property owners in those areas to buy homeowner's insurance. Insurance companies in high-risk areas are declining to write policies, canceling existing policies, or increasing premiums on existing policies.

Kudos: Lazio has consistently shown support for housing issues of significance to the REALTOR® family. In February he sponsored a resolution expressing the importance of creating and maintaining affordable housing and expanding homeownership opportunities.

Walt Albro is a former senior editor for REALTOR® Magazine.

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