Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NCOIL Pushes For Disaster Reserves


The National Conference of Insurance Legislators is asking Congress to consider legislation that would allow insurers to establish tax-deferred disaster reserves.

H.R. 785 was introduced last year by Rep. Mark Foley, R-Fla., but has not advanced in the House Ways and Means Committee, which has jurisdiction over taxation. Congress has instead been focusing on the insurance issues arising from the Sept. 11 terrorist attack.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • 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?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.