CURRENT ISSUE
AUTUMN 2009
A major earthquake in California could leave the state vulnerable to insured property losses and mortgage defaults that rival what we have seen to date.
Sales of long-term care insurance have been in the doldrums, but a new generation of hybrid products may give the market the jump start it needs.
Public plan sponsors are advised to be proactive and examine prudent ways to control the costs of the benefits they offer.
"A tremor of 7.9 on the Richter scale in San Francisco—the same magnitude as the 1906 San Francisco Earthquake—today could cause $120 billion or more in insured property losses alone."
Excerpt from:
"The big one"
CURRENT ISSUE
Download a PDF of the Autumn 2009 magazine.
Autumn 2009
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