November 4, 2007
After the terrorist attacks of Sept. 11, 2001, the market for commercial property and liability insurance in large urban areas was in turmoil, as reinsurance for terrorism became expensive and scarce. Congress responded in 2002 with a federal backstop — …
November 4, 2007
Here we go again: another disaster, another insurance test. Will Southern Californians whose homes and businesses were destroyed or damaged by wildfires fare better with their insurance providers than Katrina’s victims? Will businesses fare any better than those affected by …
October 27, 2007
The following is a letter sent by Rhode Island State Rep. Brian Patrick Kennedy, who is also vice president of the National Conference of Insurance Legislators, to Walter A. Bell, Alabama insurance commissioner and current president of the National Association …
October 8, 2007
In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of financial responsibility. The exact date is yet to …
October 8, 2007
The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …
October 8, 2007
The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …
October 8, 2007
The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …
October 8, 2007
In early 2008, most drivers in Texas (read, “many of your insureds”) will come under the new Financial Responsibility Verification Program aimed at reducing the number of drivers without proper proof of financial responsibility. The exact date is yet to …
October 8, 2007
The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …
October 8, 2007
The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular, we have analyzed the sections of the …