Private Flood Insurance in a Post-Katrina World
Flooding is so common that Golden Bear Insurance’s Vice President Michael Brown said it was the riskiest naturally occurring event to cover in terms of frequency, albeit not in severity.
Flooding is so common that Golden Bear Insurance’s Vice President Michael Brown said it was the riskiest naturally occurring event to cover in terms of frequency, albeit not in severity.
“The harsh realities are that all 50 states have experienced a flood or flash flood event in the last five years,” says Michael Brown, vice president of commercial property at Golden Bear Insurance Company.
The Pacific Association of Domestic Insurance Companies is hosting a diversity certification workshop for small businesses.
Stockton, Calif.-based Golden Bear Insurance Co. announced that its A.M. Best issuer credit rating has been upgraded from “A- VI” to “A- VII” (Excellent).
Roxanne Westfall, vice president, Golden Bear Insurance Co., said a new federal law updates standards for classifying, handling and disposing of many substances.