![APCIA skeptical of legislation proposing a federal catastrophe reinsurance program](https://uphelp.org/wp-content/uploads/2023/05/insurance-business.gif)
![APCIA skeptical of legislation proposing a federal catastrophe reinsurance program](https://uphelp.org/wp-content/uploads/2023/05/insurance-business.gif)
A trade body representing America’s insurers has expressed reservations about a new bill seeking to establish a federal catastrophe reinsurance program within the Department of Treasury. According to the American Property Casualty Insurance Association (APCIA), the bill could make coverage even more expensive for “vulnerable…