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By Arthur D. Postal, PropertyCasualty360.com |
September 1, 2010
Legislation introduced in the Senate on July 29, which would split the difference on "wind vs. water" claims after a hurricane, appears to be generating little support within the P&C insurance industry.
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By Phil Gusman, PropertyCasualty360.com, Arthur D. Postal, PropertyCasualty360.com |
August 9, 2010
As Congress considers ways to resolve wind-versus-water damage disputes, the U.S. House of Representatives for the second time in two weeks opted not to act on a bill that would add windstorm coverage to the National Flood Insurance Program.
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By Arthur D. Postal, PropertyCasualty360.com |
August 3, 2010
Legislation introduced in the Senate on July 29, which would split the difference on "wind vs. water" claims after a hurricane, appears to be generating little support within the P&C insurance industry.
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By Arthur D. Postal, PropertyCasualty360.com, Phil Gusman, PropertyCasualty360.com |
August 2, 2010
While a bid to add wind coverage to federal flood insurance has stalled in Congress, a southern senator is pitching a compromise bill that seeks to bridge the gap over wind-vs.-water damage claims.
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By Arthur D. Postal, PropertyCasualty360.com |
July 29, 2010
Legislation introduced in the Senate today that would split the difference on wind vs. water claims after a hurricane appears to be generating little support within the property and casualty insurance industry.
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By Arthur D. Postal, PropertyCasualty360.com |
July 22, 2010
The Obama administration said it opposes legislation that would add wind coverage to the National Flood Insurance Program.
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By Phil Gusman, PropertyCasualty360.com |
July 20, 2010
Adding wind coverage to the National Flood Insurance Program would benefit insurers by flowing premium dollars to them while removing risk and capital costs from the private sector, a House legislator's office said.