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Time for a national insurance program to cope with natural disasters? (The Christian Science Monitor via Yahoo! News) Given that so many Americans live in areas that have been prone to natural disasters – hurricanes, earthquakes, tornados – is it time for the federal government to intercede to help states and property owners obtain more reasonable castastrophic insurance? March 10, 2010 7:06 PM
Time for a national insurance program to cope with natural disasters? (The Christian Science Monitor) Advocates of legislation to create a national insurance program say it's better to plan ahead than do a bailout after a natural disaster. Critics say it would amount to a subsidy for owners of coastal mansions and encourage people to live in places they shouldn't. March 10, 2010 7:23 PM
Swiss Re puts Chile quake insurance cost at $4-7BN (AP via Yahoo! News) Swiss Reinsurance Co. said Wednesday that the strong earthquake in Chile last month will cost the insurance industry $4-7 billion, an estimate shared by its Germany-based rival Munich Re AG. March 10, 2010 7:00 AM
Strengthen Citizens insurance, hurricane CAT fund (Miami Herald) I wonder if I am experiencing déjà vu? How many years will it take for the state Legislature to return the Florida Hurricane Catastrophe Fund (CAT Fund) to its original mission of providing stability for huge hurricane events, such as Hurricane Andrew, and Citizens Property Insurance to its original role as the state insurer of last resort? March 10, 2010 9:36 PM
Health insurance: Understanding when you have to pay (CNNMoney.com via Yahoo! Finance) For people who have health insurance, the level of fine print is rising along with the costs. March 10, 2010 12:08 PM
CatCoverage.com Offers Alternative to Federal Flood Insurance (Insurance Journal) The Natural Catastrophe Insurance Program (NCIP), available at www.CatCoverage.com, says it is providing an online alternative to the National Flood Insurance Program for agents, brokers and ... March 11, 2010 12:12 AM
Calif. regulators defend dropped insurance deals (San Diego Union-Tribune) State insurance regulators on Wednesday defended their actions against health insurers after a report showed few consumers who complained that their coverage was canceled after they took ill actually benefited from state-negotiated settlements. March 10, 2010 7:04 PM
New NM law limits insurance administrative costs (AP via Yahoo! Finance) New state laws in New Mexico will stop discrimination against women in the pricing of medical insurance and limit how much health insurance companies spend on administrative costs. March 10, 2010 10:15 AM
Markel, Towing Contractors Renew Insurance Partnership (Insurance Journal) Markel has renewed its partnership with the Independent Garage & Towing Contractors, Inc. (IGTC) to administer a tailored insurance program for tow truck companies and to work with local ... March 11, 2010 12:11 AM
Swiss Re sees $4-$7 billion insurance losses from quake (Reuters via Yahoo! News) Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices. March 10, 2010 12:37 AM
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