InsuranceYak.comOne of the great mysteries of the property insurance world is replacement cost. During my agent days, I was frequently asked to insure property and determine a replacement value of someones house. Talk about conflicts, here’s what I’m up against: I’ve got a homeowner who doesn’t want to pay anything for house insurance, a mortgage […]
Included in the Treasury Department’s financial regulatory reform package is a interesting proposal: An optional federal charter (OFC) for insurance companies.
What’s the big deal? State regulators have traditionally had oversight duties dealing with insurance companies, while the Fed has been in charge of the insurance programs no one wants to oversee: Too costly? (National Flood Insurance) Too burdensome? […]
April 3, 2008 
