Video & Transcript Research : 'catastrophe mitigation'
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VT
Transcript Highlights:
- right here we have, excuse me, uh, well, not really, because though more of a whirlwind than a catastrophic
- because though more of a whirlwind than because though more of a whirlwind than a<00:09:04.640>
catastrophic - 06.080>
we <00:09:06.320>have <00:09:06.399>a <00:09:06.560>force a catastrophic - flood, we have a force a catastrophic flood, we have a force right<00:09:07.200>
here <00:09:07.440
Summary:
The House opened with devotional remarks from Representative Greer focused on perspective, kindness, and the idea that people “earn” respect and love through shared humanity. After that, the chamber suspended rules to introduce 17 House bills by number only, and adopted JRS 3 in concurrence, setting a joint assembly for Tuesday, January 20, 2026 at 1:00 p.m. to receive the governor’s budget message. Several announcements followed, including birthday wishes, a note about the new federal whole milk for schools law, guest introductions, and caucus notices.
The House also approved committee transfers for H.393, an act relating to the prohibition of requiring face masks in schools, moving it from Education to Healthcare, and H.334, an act relating to limiting employer restrictions on individuals separating from employment, moving it from General and Housing to Commerce and Economic Development. The chamber then took up H.649 on captive insurance companies. The Commerce and Economic Development Committee explained that the bill, based on Department of Financial Regulation proposals, would prohibit risk retention groups from lending to or investing in members or affiliates, require annual and quarterly filings in NAIC form with a jurat page and actuarial certificate, and create new filing requirements for sponsored captive protected cells. The committee reported unanimous support, and the House amended the bill and ordered third reading.
The House next considered S.60, establishing a Farm Security Special Fund. The Agriculture, Food Resiliency, and Forestry Committee and Appropriations described the bill as a response to repeated weather-related losses affecting farms and forestry operations, including flooding, freezes, drought, and other extreme events. The House version adds forestry and changes assistance from grants to payments to make aid faster and less cumbersome. The program would be administered by the Agency of Agriculture, Food and Markets, with a review board and payments of up to 50% of uncovered losses, capped at 5% of annual appropriations and $150,000 per application. The committee testimony emphasized the need for a permanent, predictable state relief mechanism, and the bill was advanced with strong support.
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Natural Resources and Energy (8-29-25)
Transcript Highlights:
- Potential SRM results are not well understood and could be catastrophic, affecting crop yields, energy
- <00:16:02.639>
be not well understood and could be not well understood and could be catastrophic - <00:16:03.600>
affecting <00:16:04.160>crop <00:16:04.399>yields, catastrophic affecting - crop yields, catastrophic affecting crop yields, energy<00:16:05.440>
production, <00:16:06.800
Keywords:
Meeting start 00:00
Attendance Roll Call 00:56
Approval of Minutes 02:26
Discussion of the Kentucky Communications Network Authority and Related Legislative 02:43
Presentation of Geoengineering and Related Legislation 07:42, 958, all
Summary:
The meeting began with a quorum call and approval of the prior meeting’s minutes. Senator Williams then presented a discussion draft involving KCNA and COOT/Kentucky Wired governance changes. He said the proposal would make the COOT executive director the KCNA director, place the education CIO as chair of a new board of constitutional officers, terminate existing KCNA employees at inception, and return KCNA funds to the general fund. He described the measure as a temporary holding pattern focused on customer connectivity until an audit is completed next summer. Senator West asked whether the bill would change existing Kentucky Wired contracts, and Williams said the contracts would remain in place and COOT would simply handle the work without an extra layer of bureaucracy. No vote was taken; the item was for discussion only.
The committee then heard a presentation on geoengineering and related legislation from Rep. John Hodgson, Sen. Rollins, and retired meteorologist Randy Baker. They described geoengineering as attempts to alter climate or weather, including solar radiation modification, stratospheric aerosol injection, marine cloud brightening, and cloud seeding. The presenters distinguished these activities from ordinary jet contrails, crop dusting, ground-level emissions, and airport fog control, and said the proposed Kentucky bill would exclude those ordinary activities. They argued Kentucky lacks a current prohibition on weather modification, said the bill would protect farmland, crops, animal agriculture, aquaculture, and human health, and cited public concern, federal uncertainty, and similar legislation in other states. They also said cloud seeding is used in some western states but remains scientifically unproven and potentially harmful.
Members asked about enforcement, federal preemption, and whether other states’ actions could affect Kentucky. The presenters said high-altitude spraying would be difficult to hide, that satellite imagery could detect large releases, and that the bill was intended as an assertion of state sovereignty even if federal law later changed. They also said there were no known active geoengineering projects in Kentucky. The discussion remained informational, with no committee vote or final action taken on either topic.
CA
California 2025-2026 Regular Session
Assembly Insurance Committee Apr 23rd, 2025
Transcript Highlights:
- and incentives for residents, small businesses, and communities to reduce risks before the next catastrophe
- and incentives for residents, small businesses, and communities to reduce risks before the next catastrophe
Summary:
The Assembly Committee on Insurance met as a subcommittee and heard several bills related to workers’ compensation, insurance access, climate resilience, and farmworker protections. AB 815 would prevent social service workers who use personal vehicles to transport clients from being misclassified as commercial or for-hire drivers under personal auto policies; supporters said the current practice leads to unaffordable premiums and denied claims, while no opposition testified. AB 1329 would revise the Subsequent Injury Benefit Trust Fund to reduce litigation and medical-legal costs and lower employer assessments; insurers and business groups opposed unless amended, citing concerns about eligibility standards and the QME process, but the bill advanced after amendments were discussed. AB 1048 would allow disputed unauthorized payment reductions for medical providers to be reviewed through independent bill review; supporters framed it as a transparency measure, while opposition argued IBR is the wrong forum and existing contract dispute processes should control, though the bill also passed. AB 1236 would create a Department of Insurance grant program for climate and sustainability risk-reduction projects, with broad support from the department, environmental groups, and insurers, and it passed unanimously.
The committee also heard AB 1336, the Farmworker Heat Illness Prevention Act, which would create a rebuttable presumption that a heat-related injury arose out of employment when an agricultural employer fails to comply with heat illness prevention standards. Supporters, including United Farm Workers, argued the bill would help protect farmworkers amid extreme heat and enforcement gaps; opponents from the workers’ compensation and agricultural sectors said the measure improperly uses the compensation system to enforce OSHA rules and could create unclear adjudication and delay issues. Members discussed Cal/OSHA enforcement limits, undocumented workers’ reluctance to report violations, and the relationship between the bill and existing workers’ compensation procedures. Despite opposition, AB 1336 passed on a divided vote.
The committee also took up a consent calendar including AB 1125, AB 1293, and AB 1398, which were approved together. Roll calls were held open and later completed, and the bills that advanced were sent to the Committee on Appropriations. The meeting concluded with the committee adjourning after final votes were recorded.
CA
California 2025-2026 Regular Session
Assembly Floor Session Apr 1st, 2025
California House Floor Meeting
TX
Transcript Highlights:
- It will devastate the most catastrophically injured Texans, the ones that you heard from this morning
- hard to recover in under any case, but in those cases that I'm telling you where you've got catastrophically
- fundamentally disagree, and I will tell you that I believe that people who are injured, particularly catastrophically
- The answer goes back to what Jack said a minute ago, which was the person who has been catastrophically
- Um, in a way that would Limit justice and recovery for those catastrophic injuries.
FL
Transcript Highlights:
- Bill 26 is a claims bill that provides $2.2 million in relief for the estate of Mark Legata for catastrophic
- It directs the FHFC to establish and oversee a vacancy relief and risk mitigation trust fund, as well
- landlords may apply to the FHFC to receive funding from the Vacancy Relief Trust Fund and from the Risk Mitigation
- landlords may apply to the FHFC to receive funding from the Vacancy Relief Trust Fund and from the Risk Mitigation
- Senators, you will remember all of 30 seconds ago I talked about the risk mitigation trust fund and a
Summary:
The Senate convened with prayer, the Pledge of Allegiance, and a brief introduction of the doctor of the day before moving to the special order calendar. The chamber first took up several claims bills, including SB 6/HB 6507 for relief of L.E. through the Department of Children and Families, which was described as compensation for severe injuries after DCF returned the child to unsafe parents; the House bill was substituted and passed 34-0. SB 26 for the estate of Mark Legata, involving catastrophic injuries tied to FDOT negligence, was also substituted with the House version and passed 35-0. SB 42/HB 47 on specific medical diagnoses and child protective investigations passed 34-0 after supporters said it would require child protection teams to consider certain medical conditions that can mimic abuse. Later, SB 1002 on child welfare passed 37-0 after sponsors said it clarifies that parental drug abuse can constitute harm or neglect and allow earlier court intervention and services, while not changing parental rights law.
The Senate then considered education and health-related measures. SB 206/HB 851 on students with autism spectrum disorder was amended to the House bill and passed 35-0; the sponsor said it expands teacher preparation, requires autism-related training, creates a loan forgiveness program, and adds salary supplements for teachers with autism endorsements. SB 556/HB 453 on high school diploma requirements passed 36-0 and would allow students with disabilities to use Special Olympics participation to satisfy PE requirements, while also fixing a marching band credit issue. SB 688 on naturopathic medicine passed 33-3, reestablishing licensure and regulation of naturopathic doctors. SB 878/HB 1347 on clinical laboratory personnel passed 37-0 to address staffing shortages by aligning Florida more closely with federal CLIA standards. SB 914/HB 867 on dry needling by occupational therapists passed 37-0, clarifying authority for that treatment. SB 530 on state lotteries passed 36-0 with updates to operations, security, and retailer rules. SB 964/HB 6011 on financial disclosures and gifts/honoraria passed 36-0 after an amendment restored a percentage-based reporting option.
The chamber also approved several government-administration and public-records measures. SB 326/HB 131 on curators of estates passed 36-0, updating probate rules for temporary court-appointed curators. SB 758/HB 625 on the Justice Administrative Commission passed 37-0 after an amendment broadened the judicial member to a judge or senior judge rather than only a circuit judge. SB 830 on public records passed 31-5, creating exemptions for the personal information of county and city managers and certain family members. The Senate also passed SB 21/HB 218 on land use regulations, which preserves hurricane-recovery restrictions in affected counties while lifting them later for unaffected counties, and the sponsor thanked colleagues for helping address unintended consequences from prior law. SB 354 on Blue Ribbon Projects was debated extensively over concerns about local control, conservation protections, and vague standards; after a late amendment excluding data centers from commercial areas, the bill was temporarily postponed rather than passed. Finally, SB 1632/HB 1471 on ideologies inconsistent with American principles and domestic terrorist designations drew significant debate over references to Sharia law, religious freedom, notice, and due process; one amendment striking Sharia references failed, and a second amendment with broader revisions was under discussion when the transcript ended.
MN
Transcript Highlights:
- And so, rather than having any individual school have a rather catastrophic drop, this provides a bit
- And so, rather than having any individual school have a rather catastrophic drop, this provides a bit
- And so, rather than having any individual school have a rather catastrophic drop, this provides a bit
CA
California 2025-2026 Regular Session
Assembly Arts, Entertainment, Sports, and Tourism Committee Aug 20th, 2025
Transcript Highlights:
- Then in 2020, it was catastrophic. We dipped down to 38%. In 2024, we were recovering at 76%.
- The media narrative about the wildfires was catastrophic.
- The media narrative about the wildfires was catastrophic.
Summary:
The Assembly Committee on Arts, Entertainment, Sports, and Tourism held an informational hearing on the state of California tourism amid declining international visitation and broader economic and political headwinds. Visit California CEO Caroline Betetta said the industry remains a major economic driver, with 2024 visitor spending of $157 billion, 1.2 million jobs supported, and $12.7 billion in state and local tax revenue, but warned that 2025 forecasts show the first post-pandemic decline in visitation, driven largely by a projected 9.2% drop in international travel. She cited concerns about the strong dollar, visa wait times, border and immigration rhetoric, and a proposed federal visa integrity fee, while emphasizing Visit California’s marketing campaigns and the importance of upcoming mega-events like the World Cup and 2028 Olympics.
A second panel of destination leaders described local impacts and strategies. Visit Sacramento’s Mike Testa said the city has diversified beyond conventions into music festivals, sports, and food events, but noted that international apprehension is affecting events like Terra Madre Americas and that California should do more to incentivize major festivals to stay in-state. Santa Monica Travel and Tourism’s Lauren Salisbury said the city is seeing lower international visitation, especially from Canada, Australia, and Europe, and that wildfire coverage and later federal troop presence in Los Angeles hurt local sentiment and caused cancellations. Yosemite Sierra Visitors Bureau’s Rhonda Salisbury reported steep drops in international visitation to the gateway region, ongoing concerns about wildfire, reservations, insurance costs, and park access, and praised a new federal requirement for quarterly meetings between national parks and gateway communities.
San Diego Tourism Authority COO Carrie Verbeck-Cappich said tourism is the region’s second-largest sector, but 2025 is softer than 2024, with spending down despite modest visitation growth. She pointed to weaker Canadian and Asian travel, government-related meeting cancellations, and the need for more support to bid on and host major events; she also highlighted border-crossing delays, insufficient federal staffing at ports of entry, and the Tijuana River sewage crisis as major regional issues. Committee members discussed the effects of federal rhetoric, infrastructure, and cross-border conditions on tourism, and several witnesses urged continued support for Visit California, Brand USA, event incentives, and efforts to present California as welcoming and open. Public comment then opened, beginning with testimony from the California Attractions and Parks Association.
US
US Federal 2025-2026 Regular Session
Joint hearings with the House Committee on Veterans' Affairs to examine the legislative presentation of The Veterans of Foreign Wars of the U.S. and multi VSOs: Paralyzed Veterans of America, Iraq and Afghanistan Veterans of America, Student Veterans Mar 4th, 2025 at 09:00 am
Senate Veterans' Affairs
Transcript Highlights:
- place for community care and I'm concerned that continued growth in its utilization is having a catastrophic
- For those of us with catastrophic injuries, VA is the cornerstone of our care.
- who help teach veterans with SCID how to re-engage in the social part of a community following a catastrophic
Keywords:
veteran services, Secretary Collins, healthcare provisions, contract cancellations, transparency, accountability, committee meeting, legislation
Summary:
During this committee meeting, various bills were discussed with a specific focus on veteran services and healthcare provisions. Notably, the cancellation of critical contracts under Secretary Collins sparked significant debate, with representatives emphasizing the adverse impact on veteran care. The meeting featured testimonies from veterans and stakeholders who expressed their concerns regarding the potential fallout of these cancellations, demonstrating the urgency of transparency and accountability in management decisions. Discussions also delved into various legislative proposals aimed at improving services for veterans amidst these challenges.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nominations of Elise Stefanik, of New York, to be the Representative of the United States of America to the United Nations, with the rank and status of Ambassador, and the Representative of the United States of America in the Jan 21st, 2025
Foreign Relations Committee
Transcript Highlights:
- I think the catastrophic withdrawal led to this cascading weakness around the globe, and of course one
- President Trump withdrew from the catastrophic Obama-Iran nuclear deal in 2018.
- It was a success during President Trump's first term, and we've seen the catastrophic results and loss
MN
Transcript Highlights:
- 00:10:57.680>
main The initiatives are shown in four main categories, from temporary cash mitigation - In the last 16 months, HHS has experienced over 80 catastrophic events like flooding or HVAC failure.
- months, HHS has experienced<00:13:08.240>
over <00:13:08.560>80 <00:13:08.880>catastrophic - <00:13:09.519>
events experienced over 80 catastrophic events experienced over 80 catastrophic
NH
Transcript Highlights:
- lifealtering catastrophe. lifealtering catastrophe.
- Not catastrophically unqualified, but not within underwriting norms either.
- <01:47:15.920>
Not <01:47:16.159>catastrophically into a gray zone. - Not catastrophically into a gray zone.
- It would allow landlords to accept people with some mitigation of their additional risk.
MN
Transcript Highlights:
- >
often <01:22:22.000>say <01:22:22.159>that <01:22:22.400>the cat catastrophic - I often say that the cat catastrophic.
- I would say nearly catastrophic or catastrophic consequences.
- with I would say uh nearly catastrophic with I would say uh nearly catastrophic or<02:10:17.840>
catastrophic <02:10:18.480>consequences or catastrophic consequences or catastrophic consequences
MN
Transcript Highlights:
- While a mandatory statewide plan is an option for addressing the uneven distribution of catastrophic
- Senators, I want to stress that we support finding solutions for the problem of catastrophic claims,
- While a mandatory statewide plan is an option for addressing the uneven distribution of catastrophic
- Senators, I want to stress that we support finding solutions for the problem of catastrophic claims,
- <01:51:04.280>
claims, for the problem of catastrophic claims, for the problem of catastrophic
WA
Washington 2025-2026 Regular Session
Committee to Hear SAO Performance Audits Jun 3rd, 2026
Transcript Highlights:
- side of the audit and then there’s an IT side to the audit that’s talking about the potential for catastrophic
- feasibility study was completed in 2024, and that is where the quote that the system is at risk of catastrophic
Summary:
The Joint Legislative Audit and Review Committee subcommittee heard a State Auditor’s Office performance audit on the accuracy and reliability of OSPI’s school apportionment system. Auditors said the system, which calculates and distributes K-12 funding using multiple feeder systems and a core apportionment engine, is outdated, unstable, inefficient, and at high risk of failure. They reported weak controls over data input, documentation, oversight, and staffing, and said OSPI relies heavily on manual workarounds, a few knowledgeable staff, and vendor support. In limited testing of three districts, the auditors found the system calculated funding correctly for the 2023-24 school year, but they identified nine small input discrepancies tied to differences between budget materials and state law, which they said could compound into larger dollar amounts. The auditors recommended replacing or modernizing the system and noted that delays in doing so prolong risk.
OSPI largely agreed that the current platform needs replacement and said it has been working toward a new system for years. Agency officials clarified that the Legislature requested a feasibility study in 2022, that the study found the system at risk of catastrophic failure, and that funding for a replacement is now in the state IT pool subject to OCIO/OFM gate reviews. OSPI disputed the audit’s characterization of the rounding and budget-law discrepancies, saying the issue was an agency rule and implementation choice, not an error that caused under- or over-allocation. Officials also said the current system is too old to easily absorb future formula changes, but that the planned replacement should be flexible enough to handle a new funding model if the Legislature adopts one.
Committee members asked about the amount and timing of the $16 million project funding, whether smaller districts face greater risk, how many times data is entered, and whether the funding formula should be simplified. Auditors and OSPI both emphasized that formula simplification is a policy question for the Legislature, not the audit. Public testimony came from one online witness, who urged full implementation of the audit recommendations and modernization of the system. The subcommittee took no formal vote and adjourned after the presentations and testimony.
TX
Transcript Highlights:
- That lost their lives over that catastrophic event.
- To these catastrophic events, I see, or I would propose to you all as a measure of who we are as a body
Keywords:
school assessment, public education, accountability, transparency, education standards, STAAR, Texas Education Agency, TEA, public school accountability, school ratings, A-F ratings, assessment reform, student testing, benchmark tests, interim assessments, through-year assessment, diagnostic reports, college career military readiness, CCMR, local accountability plans
FL
Transcript Highlights:
- Right now, we have victims that are being left either dead or with catastrophic injuries, left on the
- Right now, we have victims that are being left either dead or with catastrophic injuries that are being
Summary:
The Committee on Commerce and Tourism met with a quorum present and considered several bills. It first took up SB 232 on debt collection, where the sponsor explained a strike-all amendment and the committee adopted a Gruters amendment clarifying that email communications may be sent at any hour while other off-hours communications remain restricted. Testimony was sharply divided on a proposed change from “any person” to “debt collector,” with consumer advocates, legal aid, and the Florida Justice Association warning it would narrow Florida’s consumer protections, while supporters said the bill and amendment would address ambiguity affecting businesses. After debate, the committee rejected the broader amendment, adopted the email-only clarification, and reported CS for SB 232 favorably by roll call vote.
The committee then heard and unanimously reported favorably CS for SB 126, which would allow prescription hearing aids to be sold and distributed by mail after a Florida-licensed audiologist or hearing aid specialist conducts the required examination, including remotely through telehealth. Supporters said the bill would improve access and reduce barriers for seniors and others with hearing loss, and no opposition was heard. The committee also heard SB 600 and SB 602 on manufacturing, which would create and fund a statewide Office of Manufacturing, a promotional campaign, workforce grants, and related fees; multiple industry and economic development groups appeared in support, and both bills were reported favorably.
Next, the committee considered CS for SB 92 on hit-and-run accountability in vehicle repair shops. The sponsor described the bill as a response to rising hit-and-run incidents and explained that repair shops would have to complete a transaction form or retain a crash report for certain repairs, with a clarifying amendment adopted without objection. Prosecutors and law enforcement supporters said the bill would help identify offenders, while auto dealer representatives argued it could impose burdens and penalties on repair shops. The committee nevertheless reported CS for SB 92 favorably. Finally, the committee heard SB 412, the Motorized Wheelchair Right to Repair Act, which would require manufacturers to provide repair manuals, diagnostic tools, and parts to owners and independent repair providers under fair and reasonable terms. Disability advocates and wheelchair users testified that repair delays can leave users stranded for weeks or months, and the committee reported the bill favorably by roll call vote before adjourning.
TX
Texas 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Apr 2nd, 2025
Homeland Security, Public Safety & Veterans' Affairs
Transcript Highlights:
- But we want to mitigate y'all's concerns.
- At least mitigate the risk. So, right now, how long do your drones in your fleet typically last?
- those no different than we mitigate them with Cisco routers, Netgear routers, iPhones and many other
- Further, reliance on American software and air gaps is not a full safe mitigation.
- It is catastrophic if you do not. Thank you.
Bills:
HB17, HB34, HB41, HB 118, HB 119, HB 127, HB 128, HB 129, HB 130, HB132, HB133, HB17, HB41, HB118, HB119, HB127, HB128, HB129, HB130, HB132, HB133
Keywords:
foreign ownership, real estate, national security, designated countries, Texas property law, lobbying, foreign adversaries, compensation prohibition, transparency, civil penalties, higher education, foreign adversary, research security, trade secrets, academic partnerships, HB 128, sister city, sister-city agreement, international exchange, municipal diplomacy
NH
New Hampshire 2025 Regular Session
House Finance Division I (03/05/2025)
Transcript Highlights:
- So just one event that was catastrophic, that $500 is gone like one event.
- simply one event that was catastrophic simply one event that was catastrophic that<04:21:42.720>
- event that we have a more catastrophic event that we have a more catastrophic event<04:22:27.359
- We're talking about a catastrophic injury, which claims are in the millions.
- This fund is dedicated for catastrophic events. So, yeah, but yet it has occurred.
Summary:
The committee took up House Bill 2 provisions affecting the New Hampshire Retirement System, focusing on Group 2/Tier B retirement changes in pages 25 through 39 of the bill. NHRS Executive Director Jan Goodwin and deputy chief counsel Mark Kavanaugh explained that the 2025 bill is largely similar to prior versions and to HB 727, with the main difference being that the 2025 version does not include the earlier increase in the maximum benefit. They also said the fiscal note for HB 2 is based on earlier actuarial work and that an updated valuation was expected later in the week.
A major topic was whether the bill accidentally removed an anti-spiking or special-duty compensation limit. NHRS said the omission appears to be a scrivener’s error caused by moving language between Group 1 and Group 2 definitions, and they planned to flag it in the fiscal note. Members also reviewed the bill’s intent to restore Tier B members to pre-2011 benefit rules, including changes to earnable compensation, average final compensation, and the comp-over-base rule. Some members questioned whether restoring those older rules was appropriate, arguing the 2011 changes were meant to curb pension spiking and that undoing them could be problematic.
The committee also discussed the bill’s cost and funding assumptions. NHRS said the 2025 bill would reduce unfunded actuarial liability by about $98.2 million and would have a more favorable effect than the 2023 version, while employer contribution impacts would remain relatively small. Members noted the bill assumes annual appropriations of $27.5 million for 10 years, but House Bill 1 currently provides only $5 million in the first year, and NHRS had not yet analyzed the effect of that shortfall. No votes were taken in the portion provided; the discussion was informational and focused on clarifying the bill’s language, intent, and fiscal impact.
NH
Transcript Highlights:
- benefit, and this is only to your question, Senator Donovan, this is only in the instance of a catastrophic
- <00:37:17.200>
instance <00:37:17.760>of <00:37:17.920>a <00:37:17.960>catastrophic - of a catastrophic uh this would<00:37:20.040>
only <00:37:20.280>really <00:37:20.600>< - really kick in in the instance<00:37:22.480>
of <00:37:22.680>a <00:37:22.760>catastrophic - <00:37:23.760>
insurance instance of a catastrophic insurance instance of a catastrophic insurance