US looks at nat cat insurance coverage
Just months after a string of hurricanes devastated the Gulf Coast and Florida with billions of dollars in damages, four state insurance regulators have begun an effort to devise a national catastrophe insurance program that would greatly reduce the need for federal emergency aid and make disaster insurance more available and affordable for everyone.
At a recent two-day summit California Insurance Commissioner John Garamendi, met with Kevin McCarty, Commissioner of Florida’s Office of Insurance Regulation, Howard Mills, New York StateOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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