NU Online News Service, Feb. 24, 3:30 p.m. EST
A report from the Consumer Federation of America critical of the homeowners-insurance marketplace raises some good points, but is based on erroneous data, says an industry consultant.
Long-time insurance veteran Charles L. Ruoff, president of the consulting firm CR Market Strategies Inc., says a recent report from the Consumer Federation of America raises some valid points concerning a shrinking marketplace and the need for the industry to take on more risk, such as flood coverage.
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