National News
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RAND Study: Wind Insurance Scarce on Gulf Coast; Challenge for Both Insurers, Government
National News • July 27, 2007
Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Another chaotic market -YELLOW STAR | AF | Jul 31, 2007, 12:12 pm |
| Wrong Focus | Iceman | Jul 31, 2007, 10:40 am |
| Read the Notation is IJ regarding S.C. Wind Pool | DWT | Jul 30, 2007, 2:32 pm |
| To the all or nothing crowd | Cassandra | Jul 30, 2007, 1:46 pm |
| Another chaotic market and profit opportunity | media mogul | Jul 30, 2007, 1:13 pm |
| RE: RE: Government intervention PEOPLE THE GOV IS US REMM | Jul 30, 2007, 11:54 am |
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| RE: Government intervention PEOPLE THE GOV IS US REMMBER | ed | Jul 30, 2007, 11:34 am |
| RE: Government intervention PEOPLE THE GOV IS US REMMBER | AUTHOR | Jul 30, 2007, 11:32 am |
| Government intervention PEOPLE THE GOV IS US REMMBER | Jul 30, 2007, 11:22 am |
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| Back to article | ||
Subject: Read the Notation is IJ regarding S.C. Wind Pool
Yes, it is still a very large increase but the state managed to undercut what was a justifiable increase to say "we saved you 30%".
Why should private insurers put up with this? If an increase is justified, let it be approved. If anohter carrier feels that they can offer the same coverage for less... then that is the free enterpirse system at work.