A Florida state lawmaker said he will push to have members of the National Conference of Insurance Legislators address the issue of a national catastrophe program.
Sen. Steve Geller, D-Hallandale Beach, who is critical of NCOIL's lack of action on the issue, said he plans on introducing a resolution at the group's summer meeting backing a national plan to support the insurance industry in the event of a mega-catastrophe.
Mr. Geller made his remarks in an interview following NCOIL's decision at its spring meeting last week in Savannah, Ga., to keep studying a proposal for a public-private partnership to deal with catastrophes. The concept was developed jointly by Mr. Geller and his state's insurance commissioner, Kevin McCarty.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
