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 [...]
