With Private Market In Retreat, US Is Exploring Government-Backed Cyber Catastrophe Insurance Backstop
Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.
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.