Sunday, February 19, 2012

Who Pays for National Catastrophes?

Although insurance capacity for catastrophic perils is still available and affordable, some experts say last year’s huge losses already are driving up insurance costs and could shrink capacity, federal financial assistance or both.

By Dave Lenckus  From the February 2012 issue of American Agent & Broker

When John Fogerty musically asked "Who’ll Stop the Rain?" 40 years ago, he was pondering the world’s disquiet. But given the economic and insured damage from natural catastrophes that deluged the U.S. and the rest of the world in 2011, the question today is relevant and literal.  read more..

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