The Independent Insurance Agents and Brokers of America has set its 2006 agenda, which includes advocating for a number of legislative reforms at both the federal and state levels.
The National Association of Insurance Commissioners is considering a draft of a national catastrophic risk insurance program as one means of reforming the way that the nation finances the economic losses from natural disasters.
New York Senator Michael Balboni, a member of the Senate Insurance Committee, has introduced a bill that would help protect New Yorkers from the consequences of a catastrophic storm, terrorist attack, or other event.
Risk Management Solutions has published "Hurricane Katrina: Profile of a Super Cat," a report summarizing the development of damage from Hurricane Katrina and the New Orleans flood.
Claims News Service, Jan.27, 9:25 a.m. EST -- The final tally is in: U.S. property/casualty insurers are expected to pay homeowners and businesses a record $56.8 billion for 2005 insured property