Congressional budget negotiators have decided to take back $125 million in Sept. 11 aid from New York, which had fought to keep the money to treat sick and injured ground zero workers. New York’s elected officials had sought for months …
Last month Congress had to bail out the Federal Emergency Management Agency with an $18.5 billion loan so the agency could settle flood insurance claims for this year’s unprecedented storms. This after FEMA simply stopped flood insurance payments because it …
Insurance regulators from California, Florida, Illinois and New York, on the heels of last month’s National Catastrophe Insurance Summit, are peddling a national catastrophe insurance program that they say would aid victims without burdening U.S. taxpayers. Although the details have …
Greenberg Will Not Face Criminal Charges: Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney General Eliot Spitzer said …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists who spoke at the recent National Catastrophe Insurance Summit. It’s just a matter of time, said the speakers, who forecast …
Insurance regulators from California, Florida, Illinois and New York, on the heels of the National Catastrophe Insurance Summit held in November, are peddling the framework for a national catastrophe insurance program that they say would protect U.S. taxpayers. Although the …
The nation’s actuaries contend that the government must be involved if insurance for the damages caused by a terrorist strike is to be made widely available. The Terrorism Risk Insurance Act subgroup of the American Academy of Actuaries issued a …
Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to experts at last month’s National Catastrophe Insurance Summit in Burlingame, Calif. It’s just a matter of time, said the speakers, who forecast dramatic scenarios resulting …
Insurance regulators from California, Florida, Illinois and New York, on the heels of last month’s National Catastrophe Insurance Summit, are peddling a national catastrophe insurance program that they say would aid victims without burdening U.S. taxpayers. Although the details have …
