NAIFA supports the bipartisan FIREWALL Act - Facilitating Increased Resilience, Environmental Weatherization and Lowered Liability - introduced by Senators Adam Schiff and Tim Sheehy. As natural disasters grow in frequency and severity, this legislation offers a proactive, fiscally responsible strategy to help protect American families and stabilize insurance markets.

The FIREWALL Act provides a refundable tax credit to homeowners for disaster mitigation improvements, such as fire-resistant materials and flood barriers. These investments reduce property losses, limit recovery costs, and promote safer, more resilient communities.

In a letter to Senators Schiff and Sheehy by NAIFA President Doug Massey, Massey commends the lawmakers for advancing this important measure. Wrote Massey: "Combined with other natural disaster mitigation initiatives, such as the use of tax-advantaged disaster savings accounts, the federal tax credit proposed by your legislation will help homeowners better protect themselves from wildfires, floods, hurricanes, and other natural disasters. These investments help keep communities safe and give insurers greater flexibility to navigate complex, disaster-prone property markets."

As one of the leading associations representing insurance and financial advisors nationwide, NAIFA members see firsthand the financial and emotional toll of natural disasters and they work every day to help families prepare for uncertainty and protect their futures. Legislation like the FIREWALL Act strengthens these efforts at the federal level.

NAIFA urges Congress to advance the FIREWALL Act and looks forward to supporting initiatives that enhance disaster resilience and financial security across the country.