Continuing a road show for his concept of a national catastrophe insurance system, California Insurance Commissioner John Garamendi talked up the program at an industry conference where a day earlier three executives had rejected the idea.

Edmund Kelly, chief executive officer of Boston-based Liberty Mutual one of those who spoke at the 17th Annual Property-Casualty Industry Conference against any catastrophe plan involving a federal backstop component said Friday that Mr. Garamendi’s efforts were not totally misplaced.[See related story]

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