While one industry representative blasted states’ decisions to bar insurers from invoking hurricane deductibles after superstorm Sandy as an act of “political expediency” that will result in higher rates, another says he believes the state officials “acted within the letter of the law.”

Jimi Grande, senior vice president, federal and political affairs for the National Association of Mutual Insurance Companies, says, “The uncertainty created as politicians or bureaucrats simply change the rules makes providing coverage more difficult and expensive for everyone.”

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