HUD is planning to further expand FHA by proposing an increase in the program's mortgage insurance limit
from the current maximum of $152,725 to $172,675, Cisneros said.
Benefits are guaranteed to the maximum insurance limit
In addition, the department is considering an increase in the mortgage insurance limit
, which is now $151,725 in high-cost areas, he noted, adding that higher down payments may be tied to such an increase.
A closer link between the insurance limit
and local prices would enable FHA to serve borrowers in more areas, bringing much-needed diversity to FHA's portfolio, she explained.
He is not a big fan of the current plan, which raised the deposit insurance limit
to $250,000, for one year.
Another relevant factor that should be considered in evaluating the $100,000 insurance limit
is the distribution of deposit holders by size of account.
This decision makes clear that the aggregate insurance limits
to claims under policies issued after a policyholder's operations are complete cannot be overridden simply because bodily injury began years earlier, when installation of asbestos was under way.
J&H Marsh & McLennan's annual study of liability insurance limits
is now available to FEI members at no charge.
In addition to the above considerations, actual results and liquidity related to investments in loans secured by commercial real estate are affected by lessee performance under lease agreements, changes in general as well as local economic conditions and real estate markets, increases in competition and inflationary pressures, changes in the tax and regulatory environment including zoning and environmental laws, uninsured losses or losses in excess of insurance limits
and the availability of adequate insurance coverage at reasonable costs, among other factors.
Premier has been working in partnership with all of its insurers to set its insurance limits
at realistic levels.
Most contracting parties include "minimum" insurance limits
that must be carried while the contract remains in effect.
finds that companies reduced their liability insurance limits
by an average of 6 percent in 2002.