private insurance companies News

Alabama Lawmakers Mull Coastal Insurance Legislation

The Alabama Legislature is considering a bill that would dole out up to $2.5 million to private insurance companies that write policies for coastal properties. The Mobile Press-Register reports that the measure would shrink the size of the Alabama Insurance …

Wharton Study Analyzes Potential for Private Insurers to Offer Flood Insurance

The Wharton Risk Management and Decision Processes Center at the Wharton School of the University of Pennsylvania released a study that analyzes the role private insurance companies could play in offering residential flood insurance. The year 2011 was the most …