NU Online News Service, Sept. 28, 2:00 p.m. EDT
An added financial burden from natural disasters is being placed on U.S. taxpayers because of government intervention in the insurance market, according to a report released by Lloyd's of London.
The report (Lloyds.com/usnatcatreport), "Managing the Escalating Risks of Natural Catastrophes in the United States," calls for greater cooperation between government, insurers and planners in the U.S. to ensure that a greater emphasis is placed on managing and mitigating risk.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
