Posts tagged as:

reinsurance

New state-based approaches to catastrophe insurance

by R.J. Lehmann on April 12, 2012

We offer eight suggestions for state lawmakers who are looking for ideas on how they should (and shouldn’t) respond to insurance challenges posed by large natural disasters.

Fla. Citizens latest state insurer to ride cat bond wave

by R.J. Lehmann on April 4, 2012

Florida’s Citizens Property Insurance Corp. is reportedly preparing a $250 million issuance through an entity called Everglades Re Ltd.

FIRE Podcast- R.J. Lehmann: Romney, AIG and FIO

by R.J. Lehmann on March 30, 2012

C-FIRE Deputy Director R.J. Lehmann provides updates on the Federal Insurance Office’s delayed report, claims taxpayers could “profit” on the AIG bailout and Mitt Romney’s support of the “beach house bailout.”

Disasters caused $370 billion in losses last year

by R.J. Lehmann on March 28, 2012

Despite the largest economic losses in history, analysts are divided in how quickly they expect the global insurance industry to respond by raising rates.

Letter from Washington: Terrorism, progressives and health status insurance

by Eli Lehrer on March 27, 2012

Rep. Norton’s bill points one possible way forward for a truly private market in terrorism risk insurance.

Fla. tax credit plan for stabilizing Cat Fund draws critics

by Matthew Glans on March 22, 2012

The Florida legislative session ended earlier this month with no real reforms to the Florida Hurricane Catastrophe Fund; but a late addition to the state budget attempts to shore up the Cat Fund’s finances through a tax-credit program. From Insurance Journal: Sponsored by Senator J.D. Alexander (R-Lake Wales), the plan is designed to help shore-up [...]

Alabama bill offers incentives to take out beach policies

by R.J. Lehmann on March 22, 2012

The proposal comes as the state continues to wait for recommendations from Gov. Robert Bentley’s Affordable Homeowners Insurance Commission on ways to improve the affordability and availability of coverage.

Letter from Austin: Texas policyholders don’t like Ike

by Julie Drenner on March 21, 2012

Claims to the Texas Windstorm Insurance Association stemming from the September 2008 storm continue to pile up.

Letter from Washington: Florida, auto rates, and Tide as a currency

by Eli Lehrer on March 20, 2012

While the Florida reinsurance market shows signs of hardening, a new national auto insurance survey shows just how complicated rates can be.

Not reforming Florida Cat Fund places taxpayers at risk

by Matthew Glans on March 16, 2012

By not reforming the Florida Hurricane Catastrophe Fund, the Florida legislature has placed the people of Florida, and its insurance industry, at risk. In a recent release from the Association of Bermuda Insurers and Reinsurers (ABIR), its president, Bradley Kading, argued that legislators in Florida placed politics ahead of good policy, and that despite efforts [...]

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