NU Online News Service, Sept. 9, 3:15 p.m. EDT
The Thursday decision of the Senate Banking Committee to support the idea of splitting the difference on the wind-v-water issue is setting off a fierce, albeit behind-the-scenes, lobbying campaign within the insurance industry.
The bill is the Consumer Option for an Alternative System To Allocate Losses Act of 2011, or COASTAL Act, S. 1091, introduced by Sen. Roger Wicker, R-Miss.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
