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US Senator Brings Back Idea of Federal Reinsurance Program

Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal catastrophic reinsurance program. The insurance industry promptly reintroduced their opposition. “The INSURE Act may sound helpful on paper but would … Source: Claims Journal

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Court Clears Trump to Restart CFPB Mass Firings

A divided federal appeals court on Friday cleared U.S. President Donald Trump to resume mass firings at the Consumer Financial Protection Bureau, ruling that a lower court had lacked jurisdiction in temporarily blocking this. However, the U.S. Court of Appeals … Source: Claims Journal

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Taking Environmental Inventory Before and After Natural Disasters

The frequency and intensity of natural disasters have increased dramatically over the past decade driven by the effects of climate change—from unprecedented flooding to devastating wildfires—and these environmental challenges have disrupted lives and have impacted buildings and infrastructure. Storm damage … Source: Claims Journal

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