National News
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'Near Term' Hurricane Models Used by Insurers Under Fire
National News • March 29, 2007
Recent "near term" hurricane prediction models based on five-year forecasts are being skewered by consumer groups urging state regulators to reject them as a basis for hiking coastal property ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Absolutely! | David | Mar 30, 2007, 2:02 pm |
| RE: What's wrong with skewered? | Actuary | Mar 30, 2007, 11:47 am |
| What's wrong with skewered? | Actuary | Mar 30, 2007, 11:46 am |
| RE: "Skewered" | Tom Drawert | Mar 30, 2007, 11:14 am |
| Absolutely! | Patrick | Mar 30, 2007, 10:34 am |
| As if the states let you use the models anyway.... | billy bob | Mar 30, 2007, 8:31 am |
| put your money where your mouth is... | another actuary | Mar 30, 2007, 8:03 am |
| RE: RE: Who wants to bet? | slenard | Mar 29, 2007, 5:36 pm |
| RE: Who wants to bet? | Actuary | Mar 29, 2007, 4:46 pm |
| Who wants to bet? | Gambler | Mar 29, 2007, 4:00 pm |
| RE: RE: Look at the bright side | Bulldogg | Mar 29, 2007, 2:51 pm |
| RE: Look at the bright side | Actuary | Mar 29, 2007, 2:37 pm |
| Look at the bright side | DDT | Mar 29, 2007, 2:02 pm |
| RE: Consequences | CAT-5 | Mar 29, 2007, 1:13 pm |
| Consequences | Tom | Mar 29, 2007, 1:01 pm |
| Back to article | ||
Subject: Consequences
What consequences does the industry pay? Insolvency.
These are the same guys complaining about insurer profitability in 2006 - rather conveniently forgetting that the 2004 and 2005 storm seasons effectively consumed years and years of entire state premium income for a number of property/casualty carriers.
Why anyone pays any attention to these guys is beyond my comprehension.