Regulatory reform can bring back capacity to struggling cat markets: GC’s Garland
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Regulatory reform can bring back capacity to struggling cat markets: GC’s Garland

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Tort reform can help bring “consistency and capacity” to markets where catastrophe insurers are facing challenges with jurisdiction, said Will Garland, president of Guy Carpenter’s Centers of Excellence, during a panel discussion at the American Property Casualty Insurance Association annual meeting in Dallas, Texas.

Commenting on the legal system’s impact on the business, the executive noted that a balance has to be found between consumers, regulators and insurance companies.

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