Home > Talkback
National News

Viewing comments for:

Lloyd's: Stakes 'Huge' But Manageable If Major Hurricane Hits New York State

National News • July 19, 2006
A Northeast hurricane hitting New York state could result in insured losses of $65 billion, Lloyd's America President Wendy Baker warned today. "The stakes are huge," Baker said in a speech to the ...

Insurance Journal is not responsible for the content of the message below.

Subject: do your homework, Wendy

Posted On: July 20, 2006, 6:11 pm CDT
Posted By: Long Island agent
Comment:
I was beginning to think Ms Baker might have some really good points, and perhaps had done her homework until she spoke about the Long Island Express of 1938 and Bob in 1991. The vast majority of the damage from the un-named hurricane of 1938 (that was before hurricanes had names) was NOT covered by insurance. Most of the damage was caused by tidal surge. And although I wasn't selling insurance in those days, I understand that windstorm coverage wasn't even as good then as it us today.

The bigger faux pas was mentioning Hurrince Bob. Bob just barely touched the South Fork of Long Island and caused very little damage. Long Island gets more damage from a typical Nor'easter.

However, in 1985, Hurricane Gloria caused far more damage.

Ms Baker could garner a lot more credibility if she made better references.
Subject Posted By Posted On
RE: RE: do your homework, Wendy LOng Island agent
Jul 23, 2006, 10:03 am
RE: do your homework, Wendy dorson-king
Jul 23, 2006, 5:28 am
do your homework, Wendy Long Island agent
Jul 20, 2006, 6:11 pm
Back to article

Post a Comment

.