NAIC Catastrophe Fund Proposal Latest In Series Of Plans To Address Disaster Financing
December 5, 2005
PropertyandCasualty.com
"Chicago – The draft of a national catastrophic risk insurance program considered at a National Association of Insurance Commissioners (NAIC) hearing here today is the latest in a series of proposals that attempts to fundamentally reform the way the nation finances the economic losses from natural disasters. The proposal considered by regulators adds momentum to a growing debate among state and federal public policymakers, about how best to prepare for, respond to, and recover from catastrophes such as the hurricanes that devastated the Gulf Coast in 2005..."
PropertyandCasualty.com
"Chicago – The draft of a national catastrophic risk insurance program considered at a National Association of Insurance Commissioners (NAIC) hearing here today is the latest in a series of proposals that attempts to fundamentally reform the way the nation finances the economic losses from natural disasters. The proposal considered by regulators adds momentum to a growing debate among state and federal public policymakers, about how best to prepare for, respond to, and recover from catastrophes such as the hurricanes that devastated the Gulf Coast in 2005..."
posted by AVRECO at 8:52 AM
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