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... residents of the Gulf Coast as a result of damage caused by Hurricane Katrina. Dr. Hartwig, along with other industry spokespeople, ...
... was the largest loss in the history of insurance until Hurricane Katrina in 2005 when insurers paid claims totaling more than $40 ...
... on insured property losses (in 2009 dollars), topped only by Hurricane Katrina, Hurricane Andrew and the attacks on the World Trade Center. 聽 ...
... resources necessary to cover claims even if this year鈥檚 hurricane season is as bad as the experts predict,鈥 said David Sampson, ... positioned to come to the aid of policyholders during the hurricane season this year. But to the extent that these same leverage ratios ...
... weak economy and depressed investment environment. A major hurricane striking the coast of Florida in 2010 would cost no less, and would ... according to ISO鈥檚 PCS unit. Given the very active 2010 hurricane season, insurers were extremely fortunate that no major storms made ...
... 聽 TAMPA, FL, December 1, 2011 鈥 Hurricane Season 2011 is one for the record books, marking the longest stretch without a hurricane in Florida since the National Hurricane Center began tracking back to ...
... much better than expected, and a reasonable fourth quarter (Hurricane Wilma notwithstanding) should push overall profitability for 2005 ... for the Fortune 500 group of companies this year.聽 Prior to Hurricane Katrina the industry was on a trajectory to record its highest level ...
... higher capital requirements imposed on them in the wake of Hurricane Katrina by ratings agencies; requirements that oblige insurers to ... insured losses in 2005, $40.6 billion of which was due to Hurricane Katrina. The first half is generally light on catastrophe losses and ...
... the slowdown. The major exception to this general trend is hurricane-exposed coastal property insurance coverages, where insurers are ... imposed on them by ratings agencies in the wake of Hurricane Katrina鈥攔equirements that oblige insurers to demonstrate an ability ...
... positive information about a house. A home damaged by a hurricane, for instance, may have a brand new roof which could be very ... is subject to a separate percentage deductible if a hurricane strikes. These deductibles can range from one to fifteen percent of ...