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CIAB Survey Shows Wind, Flood Coverage Issues for Coastal Property

National News • January 24, 2006
Although the overall commercial property/casualty marketplace has seen little impact from the severe 2005 hurricane season, coastal property is experiencing a sharp increase in prices for wind and ...

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Subject: RE: Coastal Wind and Flood Rates

Posted On: January 24, 2006, 3:28 pm CST
Posted By: HoustonAgent
Comment:
We are also seeing rates increase 100% for property both large schedules and smaller, with Wind deductibles increasing to 2% of TIV. This extends far north of the city, with some carriers quoting areas in Montgomery County with same increases (about 100 miles from coast). It takes about 4 or 5 carriers (or more) to get to $100 M loss limit due to decreased capacity.
Subject Posted By Posted On
RE: Coastal Wind and Flood Rates HoustonAgent
Jan 24, 2006, 3:28 pm
Coastal Wind and Flood Rates jcjkfsia
Jan 24, 2006, 12:39 pm
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