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In my latest column in the August AAB, I write about the recent proposal by Travelers and Nationwide to establish a coastal wind coverage plan, hinging on federal legislation (drop by our podcast page at www.agentandbroker.com to hear an interview with Travelers’ Eric Nelson on the subject). No sooner was the virtual ink dry on my comments when The Hartford announced its own version of a public-private plan to address natural catastrophes, including a federal backstop for insurers.

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