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Join us Mar. 20 to hear Strategy Meets Actions' Karen Furtado discuss insurer priorities. Learn about Claims plans as well, and see how better customer experience and faster settlement can result from using workflow, specific catastrophe capabilities, and a graphical rule builder. |
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N.Y., N.J. aim to spend $200M for buyouts of storm-prone homes
Officials in New York and New Jersey are awaiting federal approval for plans that include spending nearly $200 million for buyouts of homes in areas vulnerable to storms. The proposal "will serve as a blueprint to guide our housing and private sector recovery," New York Gov. Andrew Cuomo said in a statement. It's unclear how many homeowners would participate in buyouts, according to this article. The Wall Street Journal
(3/12)
Climate-related risks spur federal agencies to action
The Army Corps of Engineers and other federal agencies are taking initiatives to address risks tied to climate change, according to this article. "If you get the processes into the bones of the organization, you can weather out the political climate," said William Goran of the Corps of Engineers' Center for the Advancement of Sustainability Innovations. Roll Call (free content)
(3/12)
Other News
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Bill on insurance-agent licensing gets another shot in Congress
A bill in Congress would establish the National Association of Registered Agents and Brokers, through which agents would be allowed to sell insurance in multiple states after being licensed in their home state and passing a background check. "By providing a mechanism for establishing true nonresident licensing reciprocity, this legislation would improve licensing while ensuring that states retain the authority to regulate marketplace activity and enforce important consumer protection laws," Robert Rusbuldt of the Independent Insurance Agents & Brokers of America said in a statement. Business Insurance (tiered subscription model)
(3/12)
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Humor is an affirmation of dignity, a declaration of man's superiority to all that befalls him."
-- Romain Gary, French diplomat, novelist, film director and aviator
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