A Catastrophe of a Catastrophe Bill
On January 12, Representative Adam Schiff (D-Calif.) introduced a bill, the "Incorporating National Support for Unprecedented Risks and Emergencies
Source: insurancejournal.com
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Federal Reinsurance Backstop for Catastrophes: APCIA Says No Thanks
Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers' issues with growing private
Source: claimsjournal.com
Home insurance woes take center stage in fight for Feinstein's Senate seat – Monterey Herald
Consumer advocates support Schiff's proposed bill but insurers are opposed.
Source: montereyherald.com
APCIA skeptical of legislation proposing a federal catastrophe reinsurance program
"Federal solutions to a state-regulated industry should be carefully considered"
Source: insurancebusinessmag.com
New bill to create $50bn federal backstop for catastrophe reinsurance
New bill to create $50bn federal backstop for catastrophe reinsurance
Source: intelligentinsurer.com