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NCOIL Votes To Work On CAT Program

Without much comment, NCOIL's Property Casualty Committee approved a resolution Friday at its spring meeting here to work with the National Association of Insurance Commissioners in developing a new c

By Steven Tuckey | Updated on February 24, 2006

Ft. Lauderdale, Fla.–The National Conference of Insurance Legislators went on record as favoring a new look at the way mega-catastrophe risk coverage is funded in this country.

But at the same time it sidestepped a number of controversial areas in which there is wide disagreement in the industry.

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