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N.Y. Lawmakers Call for Federal, State Catastrophe Funds

East News • January 23, 2006
Three elected representatives from New York joined with a leading homeowner's insurance company last week in a call for increased government involvement in providing reinsurance for ...

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Subject: National Fund

Posted On: January 24, 2006, 11:17 am CST
Posted By: ins guy
Comment:
ain't never going to happen. Katrina was an earnings event, not a capital event. And, there is plenty of private reinsurance available. Free market types in Congress and the administration (particularly Treasury) will go to the mat to prevent such an Allstate bail-out bill.
Subject Posted By Posted On
National Fund ins guy
Jan 24, 2006, 11:17 am
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