Economy News

Natural disasters require national response

In 2005, our country faced several devastating and record-setting natural disasters, including 27 named hurricanes, which left the lives of many Americans in ruins. Those disasters roiled the insurance marketplace and the nation’s overall economy. Estimates for 2005 hurricane losses …

Finding a solution to natural disaster insurance

In 2005, our country faced several devastating and record-setting natural disasters, including 27 named hurricanes, which left the lives of many Americans in ruins. These disasters roiled the insurance marketplace and our overall economy. Estimates for 2005 hurricane losses are …

Finding a solution to natural disaster insurance

In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for 2005 hurricane losses are approximately $50 billion, greatly …

Editor’s Note: Political science

The National Science Board is an independent advisory body to the president and Congress on national science and engineering policy. It is currently advising President Bush and Congress that the government needs to do more to understand and protect against …

Terrorism insurance market hits federal radar

Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a totally private market solution to insuring against …

How Florida CFO hopefuls hope to solve insurance crisis

The theme of career business person versus career politician pervades the race for Chief Financial Officer in Florida, considered by some to be the second most powerful position in state government. Democratic candidate Alex Sink said she is committed to …

Editor’s Note: Political science

Hopefully, the politicians in the White House and Congress will listen to the advice of the scientists and engineers. The National Science Board is an independent advisory body to the president and Congress on national science and engineering policy. It …

Finding a solution to natural disaster insurance

We are here to serve consumers’ needs, whether it is helping them secure coverage to protect their families and their homes prior to an event, or assisting consumers after an event to ensure that claims are paid quickly and fully. …

Castle Point Names Doyle President, CEO of Reinsurance; Dale to Head Management Unit

Bermuda-based CastlePoint Holdings, Ltd. has announced the appointment of Gregory T. Doyle as President of CastlePoint Holdings and CEO of CastlePoint Reinsurance Company, Ltd. He will also serve as a Director of CastlePoint Re as well as continuing to serve …

Kan. Governor Sebelius Touts Rolling Stones; Spars with Opponent on Issues

Given the chance during a debate this week to say why tourists should choose Kansas, Gov. Kathleen Sebelius mentioned the Kansas Speedway and the Rolling Stones. It was a lighthearted moment in a debate in which the Democratic governor and …