A group that is pushing a backup program of state and federal supports for insurer catastrophe losses announced that Republican presidential hopeful Rudy Giuliani voiced his support yesterday for the establishment of a national catastrophe fund.

ProtectingAmerica.org said the former New York mayor, now campaigning in Florida, has a panel advising him on natural catastrophe response and recovery measures.

The group said Mr. Giuliani's catastrophe advisory committee indicated that if elected, he would sign the catastrophe fund bill that has been endorsed by ProtectingAmerica.org and passed the House of Representatives by a bipartisan vote in November.

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
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.