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CFA Report: Good Points on Bad Data?

Longtime insurance veteran Charles L. Ruoff, president of the consulting firm CR Market Strategies Inc., says a recent report from the Consumer Federation of America (CFA) raises some valid points concerning a shrinking marketplace and the need for the industry to take on more risk, such as flood coverage. (Released...

By Mark E. Ruquet | Updated on March 01, 2012

Longtime insurance veteran Charles L. Ruoff, president of the consulting firm CR Market Strategies Inc., says a recent report from the Consumer Federation of America (CFA) raises some valid points concerning a shrinking marketplace and the need for the industry to take on more risk, such as flood coverage. (Released Feb. 17, the report suggests that insurers are shirking their responsibility to assume risk and instead are passing it onto consumers and taxpayers.)

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