Schiff Introduces Bill For a $50B Federal Catastrophe Reinsurance Program
Schiff, who is also the leading Democratic candidate for Senate, joined other progressives in calling for a federal all perils backstop.
Schiff, who is also the leading Democratic candidate for Senate, joined other progressives in calling for a federal all perils backstop.
With $4 trillion in municipal debt outstanding, lawmakers scrutinized climate risk and how its measured.
Property insurers have several suggestion for updating the National Risk Index, as well as some ideas for the industry’s $1.9 trillion in maturing bonds.
The property insurer says it’s tightening underwriting, pulling out of markets and waiting for the payoff of Florida reforms it backed.