Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm insurance industry reaction at best and outright opposition from the Bush Administration. The bill, H.R. …
Industry skeptical, while Treasury opposes natural disaster pool Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market has been greeted with a lukewarm insurance industry reaction at best and outright …
Federal legislation that encourages states to pool their catastrophe pool risks and then transfer them to the private market as been greeted with a lukewarm insurance industry reaction at best and outright opposition from the Bush Administration. The bill — …
House panel votes to add wind to flood program Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted late …
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted late last month to add wind coverage to the National …
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted yesterday to add wind coverage to the National Flood Insurance …
United States Senators John Sununu, R-NH, and Tim Johnson, D-SD, reintroduced “The National Insurance Act of 2007,” legislation that aims to modernize insurance industry regulation by providing an optional federal charter (OFC) for insurers. Under the legislation (SB 40), insurers …
Congressional hearings examine the need for national disaster solution Two U.S. Senate committees — the Committee on Banking, Housing and Urban Affairs, and the Committee on Commerce, Science and Transportation — met this month to examine the response of the …
Some say private market insurance is sufficient, while others claim federal help is needed to solve a ‘national problem’ Two U.S. Senate committees — the Committee on Banking, Housing and Urban Affairs, and the Committee on Commerce, Science and Transportation …
The private insurance marketplace, not the federal government, is the best vehicle to address coastal insurance issues and natural disasters in the U.S., according to insurers. Even so, the federal government can play a role in efforts to reduce affordability …
