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The Florida Legislature is considering a bill that would establish an annual hurricane deductible for insurers and lower the threshold of losses that an insurer must sustain before recovering monies from the Florida Hurricane Catastrophe Fund.

ProtectingAmerica.org, an organization working to create financial recovery systems for catastrophes, said it has formed an affiliate to focus on efforts in California.The formation ...

State lawmakers have reacted favorably to a proposed public-private approach to cover natural catastrophe risks too large for the private market to handle by ...

The insurance business absolutely needs federal support for terrorism insurance, but it does not need a national catastrophe fund, three insurance executives advised an ...

Democratic representatives in the Florida House unveiled a plan yesterday to restructure the state's Hurricane Catastrophe Fund into a new entity modeled on the ...

The Texas Department of Insurance said it has commenced market conduct exams of several carriers after a barrage of consumer complaints that insurers were ...