Shutterstock_1814961938
15 January 2024Insurance

New bill to create $50bn federal backstop for catastrophe reinsurance

Democrat Representative Adam Schiff has proposed legislation in the US House of Representatives that would create a $50 billion federal backstop for catastrophe reinsurance. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
28 August 2026   Deal adds farm, agribusiness, commercial insurance expertise in Tri-State area.
Insurance
28 August 2026   Commercial motor MGA writes more than £200m in premium, insures one in nine UK commercial trucks.
Insurance
28 August 2026   Moves strengthen leadership across catastrophe, sustainability, political risk analytics.