Sept. 20 — -- As you watch those pictures of houses under assault from Hurricane Isabel, doesn't it make you wonder: Why do people build their homes so close to the water? They must have known a ...
Congress created the National Flood Insurance Program in 1968 as a way for the federal government to bear a risk that private companies wouldn’t. Since then, Uncle Sam has backed the vast majority of ...
Real estate is the most valuable asset most people will ever possess, and insuring against natural disasters like floods and storms is common sense. Or so you might think. Two government-mandated ...
Reinsurance is insurance for insurance companies. If insurance is the financial first responder to disaster events, reinsurance is insurers’ shock absorber, a backstop, enabling insurers to have more ...
WASHINGTON THE LOOMING GOVERNMENT SHUTDOWN HAS BIG IMPLICATIONS FOR SEVERAL FEDERAL PROGRAMS, INCLUDING THE NATIONAL FLOOD INSURANCE PROGRAM. FLORIDA HAS MORE POLICYHOLDERS IN THAT PROGRAM THAN ANY ...
Medicare is a U.S. government insurance program for people over 65 years old or younger people with certain disabilities. It covers a range of healthcare services, including doctor visits, hospital ...
The Japan Center for Economic Research, a source sympathetic to nuclear power, recently put the long-term costs of the 2011 Fukushima accident as about $750 billion. Contrast that with the maximum of ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper estimates insurance requirements against natural disasters (NDs) in the Eastern Caribbean Currency Union (ECCU) ...
Health insurance funds that serve more than 100,000 local government employees in New Jersey have been hijacked by a single private company that effectively controls their contracts, a state watchdog ...