2008 Costly for Hurricane Insurance, Storm Insurance & Other Catastroph Insurance
March 1, 2009 by Be Safe Insure
Filed under -, Earthquake Insurance, Emergency Preparedness, Flood Insurance, hurricane insurance, Liability
AMRE / Munich RE reports: “The very high natural catastrophe losses incurred in 2008 again show the crucial importance of risk research for the insurance industry. In its annual review published today, “Topics Geo – Natural catastrophes 2008″, Munich Re’s geo risks experts take an in-depth look at Hurricane Ike – with losses of US$ [...]
AIA Opposes State Catastrophe Fund
February 5, 2009 by Be Safe Insure
Filed under -, Earthquake Insurance, Emergency Preparedness, Flood Insurance, Insurance Regulation
The American Insurance Association (AIA) provided testimony today in opposition to Connecticut Senate Bill 530, legislation that would establish a state-mandated catastrophe (CAT) fund in Connecticut. The testimony was presented at a hearing before the Insurance and Real Estate Committee. “Natural catastrophe remains a manageable and insurable risk for private insurers, provided they have the [...]
