RiskProf

At War with the Weather

 

	Four years in the making…. I just received my copy in the mail today from MIT Press.  It is available on Amazon for $ 37.12.  What a bargain. In the fine print on the cover you can see while I am not a primary author I do get the “with” treatment.   Other notables are Neil Doherty, bob Klein and Mark Pauly.
What is nice about the Amazon listing is that there are a ton of blurbs. However, there is no Kindle edition yet.  Nor are there any free peeks. You’ll just have to wait.

Non OFC Federal Regulation

I heard rumors of this last week.  Details so far:

• Big insurers are regulated by feds
• “Deregulation” (whatever that means) will not occur.
• The Fed will be the systemic risk regulator
• There will be a financial consumer protection agency
• FDIC will resolve big insurance company failures.

 

via National Underwriter

Florida Chamber of Commerce Poll Results

via IJ

• 62 percent believe consumers should be allowed to choose their property insurance provider "even if the prices are not fully regulated by the state" rather than to be limited to purchasing insurance from a provider whose prices are fully regulated.

• 60 percent of Florida voters are either "very" or "somewhat" worried that their insurance company may not be able to pay their claim if the state is hit with more hurricanes this summer, like in 2004 and 2005.