H.R. 737 Homeowners’ Defense Act of 2013

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H.R. 737, bill proposing state catastrophe bonds, languishes in Congress

A U.S. house bill proposing the pooling of risks from state natural catastrophe re/insurance providers in order to facilitate better reinsurance and risk transfer, including through instruments such as catastrophe bonds, is languishing in a Congress committee.H.R. 737, or the Homeowners’ Defense Act of 2013, is a re-introduction of a read the full article →