Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Capitol-flood.bmpInsurers have taken a beating in Congress and the press for allegedly dumping claims involving properties damaged in Hurricane Katrina on the National Flood Insurance Program, which in fact might have been wind-related and should have been paid by private homeowners carriers. While two federal investigations failed to come up with any evidence supporting such charges, one insurer testifying on Capitol Hill offered a solution that might make the point moot in future storms. I am curious what you make of it.


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 © 2019 ALM Media Properties, LLC. All Rights Reserved.