Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.
Models will be needed to anticipate the changing dynamics of flood events, but first the government needs to figure out how to pay for it.
Balance sheets and hurricane models will face increased scrutiny.
iHESP’s US academic backer has pulled out after Sen. Marco Rubio targets the program.
Developing nations sell citizenship to fund catastrophe cover and the the NFIP flood policy has solid models and a big price tag.
Two reinsurance executives — and a leader of a recently created “takeout” insurer — have placed their names into the process to replace outgoing Florida Insurance Commissioner Kevin McCarty. Richard McCarty — listed
A senior New York lawmaker is proposing to expand the state’s residual market to cover more coastal risks with the goal of enticing the private market and mimic catastrophe
