Modeling Changes, Reinsurance Prices Pushes North Carolina to Push for Record Rate Increase
The agency tasked with representing private insurers in North Carolina is calling for double-digit homeowners rate increase, citing a
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CBO
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Crop Insurance Needs The Private Market, But Big Changes Are Needed: U.S. Government Report
The U.S crop insurance program could benefit from the private market playing a bigger role — including reinsurance support — but
GAO
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Commercial Space Insurance Loss Estimates “Unrealistic”: US Government
Estimates of the probable maximum loss from private market space launches are often wrong and put U.S.taxpayers on
Markets
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CEA Board Backs Off “Expatriate” Reinsurer Proposal
The California Earthquake Authority (CEA) has tabled a staff recommendation to allow it to work with “expatriate” reinsurers, a longstanding
FEMA
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Private Flood Insurance Future Could Be Off the Map
The recent push to increase private insurance and reinsurance market participation into the National Flood Insurance Program (NFIP) may come
Allied World the Best of Times, Hedge Loss the Worst of Times: Fairfax’s Watsa
Fairfax Financial Holdings Chairman Prem Watsa described the reinsurance market Dickensian terms in his annual letter to shareholders last week,
