Swiss Re Insurance-Linked Fund Management

Original Risk: A Society for Change Agents

Senate says no to Federal windstorm insurance

Share

The Senate yesterday rejected an effort to include windstorm insurance in the federal flood insurance program warning that the addition could overwhelm the program.

There is still some hope for homeowners as there is a further amendment which is unresolved, this calls for a quasi-public catastrophe bond program to be set up to endeavor to help States back up their own catastrophe insurance programs.

More on this story from the Palm Beach Post.

Register today for ILS NYC 2023, our next insurance-linked securities (ILS) market conference. Held in New York City, February 10th, 2023.

Artemis ILS NYC 2023 - Insurance-linked securities conference in New York City

Get a ticket soon to ensure you can attend. Secure your place at the event here!

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.