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The federal government is seeking to protect itself from the growing cost of natural disasters by buying reinsurance.
Employers and owners of multiple-dwelling properties would need to maintain policies of at least $500,000.
In Florida, less than 1% of the promised $83 million in federal money has reached cities and counties.
FEMA lacks a second-in-command and three of four associate-administrator posts are either vacant or temporarily filled.
Seeking stricter controls on lawyers defending insurance companies & better oversight of insurers participating in NFIP.
Seeking stricter controls on lawyers defending insurance companies & better oversight of insurers participating in NFIP.
Chemical companies are pressing federal officials to spend billions of dollars on a coastal flood control system near Houston to protect petrochemical plants, oil refineries and shipping infrastructure from the next hurricane.
Global political risks appear to be increasing in 2018, not decreasing, according to the latest Political Risk Map from Marsh and BMI research.