- Joined
- Aug 17, 2005
- Messages
- 20,915
- Reaction score
- 546
- Gender
- Male
- Political Leaning
- Very Conservative
Today in the editorial section of the St. Petersburg times Florida Governor Jeb Bush proposed a national catastrophe fund to help combat the often national impacts on the economy due to regional disasters. The money would come from a portion of property insurance premiums which insurance companies already collect and this money would be grown tax free creating a national pool for extreme catastrophic losses an adding an additional level of policyholder protection while at the same time spreading the risk of catastrophic events across the insurance industry nation wide. Furthermore; it would allow Washington to implement higher standards for disaster preparedness and recovery.
St. Petersburg Times 15A 8-21-05
St. Petersburg Times 15A 8-21-05