LAS VEGAS--The former president of Florida's insurer of last resort told an industry group meeting that a national catastrophe fund would make more sense as a reinsurance program than as a primary insu
WASHINGTON--Florida's Republican Gov. Charles Crist said in a television interview yesterday that he intends to use his state's move to an earlier primary election date to pressure presidential candid
The studies, conducted by Milliman Inc., deal with the potential impact of recent legislation in Florida designed to bring down the cost of homeowner's insurance, and a federal catastrophe fund propos
PHILADELPHIA--A former Florida state senator predicted at an insurance conference here that if devastating losses deplete the Florida Hurricane Catastrophe Fund, the federal government will step in to
"Part of the beauty of this approach is that residents of risk-free states would not pay a dime into a catastrophe fund," said James Loy, national co-chair of ProtectingAmerica.org. Mr. Loy is a retir
Sen. John McCain's opposition to the creation of a national catastrophe fund could cost him the White House if enough Floridians care enough about hurricane risks to let the Arizona Republican's posit
When Hurricane Andrew devastated southern Miami-Dade County in 1993, it washed away a 100-years' worth of basic assumptions about the threat of hurricanes and the impact they could have on a
Edward Lazear, chairman of the Council of Economic Advisors, told the Senate panel that the administration "opposes legislation to create a new federal program to backstop catastrophe insurance," and
Edward Lazear, chairman of the Council of Economic Advisors, told the Senate panel that the administration "opposes legislation to create a new federal program to backstop catastrophe insurance," and
Working Group Chair Kevin McCarty, who also serves as Florida insurance commissioner, said the Atlanta meeting last week resulted in "significant inroads in identifying the many facets of this complex