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Catastrophe Savings Program Proposed
By staff WriterA program that would allow homeowners to set aside money tax-free in anticipation of catastrophe damage was introduced last month by Rep. Tom Feeney (R-Fla.).
Claims magazine covers a wide range of catastrophes ranging from hurricanes, wildfires, earthquakes and tornadoes to hail storms, wind storms, volcanoes, fires, floods and more. We educate insurance professionals on what to look for with these claims, hazards to be aware of, applicable government and industry standards, red flags for fraudulent claims and helps insurers educate and prepare their staffs for these events.
A program that would allow homeowners to set aside money tax-free in anticipation of catastrophe damage was introduced last month by Rep. Tom Feeney (R-Fla.).