Search
 

Managing the Mayhem

The pessimists would call it irony; the optimists, forward-thinking. Whatever the label, the fact that the Task Force on Long-Term Solutions for Florida's Hurricane Insurance Market held its

By Joan E. Collier, Joan E. Collier | Updated on May 31, 2006

The pessimists would call it irony; the optimists, forward-thinking. Whatever the label, the fact that the Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market held its inaugural meeting on Aug. 24, 2005, the day Tropical Storm Katrina (later to become Hurricane Katrina) developed off Florida’s east coast, most certainly makes it memorable.

The Florida Legislature created the task force last year, naming Office of Insurance Regulation (OIR) Commissioner Kevin McCarty as chairman. McCarty and his 12 fellow panelists were charged with gathering information and making recommendations to the legislative and executive branches to “ensure that there remains sufficient capacity in the private and public sectors to ensure that all Floridians can obtain appropriate insurance coverage for hurricane losses.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.