NU Online News Service, Oct. 20, 3:00 p.m. EDT
A new study from the Insurance Research Council (IRC) concludes that state-run residual markets have unintentionally provided the means for development in vulnerable coastal areas while some plans face an increasing risk of insolvency.
The study provides a detailed look at the residual market plans in Alabama, Florida, Louisiana, Mississippi, North Carolina, South Carolina and Texas and is meant to serve as a reference for public policy regarding coastal homeowners insurance markets, the IRC said.
Continue Reading for Free
Register and gain access to:
- 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
© 2024 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.
