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Using reinsurance could reduce the burden of the National Flood Insurance Program on taxpayers, the head of the Reinsurance Association of America said.
The role of the Federal Insurance Office is “the biggest wildcard in regulatory reform,” and the agency “could very well end up having a significant effect on insurer operations and costs,” according to a Deloitte report.
The industry should “stay tuned” as the revised catastrophe model from Risk Management Solutions rolls out, the chief executive officer of RenaissanceRe told NU Online News Service, describing the model changes and potential market impacts as meaningful.
Despite all the advances in technology making the information highway a speed ramp of data, fighting insurance fraud still takes the hard work of gumshoe investigators to get the job done.
Despite all the advances in technology making the information highway a speed ramp of data, fighting insurance fraud still takes the hard work of gumshoe investigators to get the job done.
State legislators and regulators “have a ways to go” to ensure that the surplus lines reform law goes into effect as mandated by Congress in July, the head of the National Association of Professional Surplus Lines Offices said.
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