Challenges Amid the Economic Storm

If you’ve been wondering what the implications might be for insurers of the federal government’s proposed $700 billion financial bailout plan, a report presented by I.I.I. president Dr. Robert Hartwig before the Excess/Surplus Lines Claims Association focuses on this very topic. Called “The Financial Crisis & the P/C Insurance Industry: Challenges Amid the Economic Storm†, the report also includes a discussion of AIG’s $85 billion loan from the Fed, detailing the structure of the agreement. Another section gives an overview of excess and surplus lines market trends.

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