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Successive Hurricanes: Potential Windfall for Insureds?

Texas / South Central News • November 24, 2008
The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial ...

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Subject: Hold it

Posted On: November 24, 2008, 10:18 am CST
Posted By: Lowell
Comment:
Most of my friends in Galveston are still not paid on their flood and windstorm. Lets get the claims paid before we start worrying about the industry. It's an industry only because of the clients. And, lets see, how many times has Galveston been wiped out in a century and 8 years...I agree the premiums have to reflect the risk, but the claims need to be paid, and then paid again, if it so occurs...Require, the the windstorm pool and the Fair plan do, that inspections are made before renewal or new business...But lets' get the claims paid first instead of griping about a fairly unusual possibility
Subject Posted By Posted On
RE: RE: I Disagree Lowell
Nov 25, 2008, 9:27 am
RE: I Disagree wudchuck
Nov 24, 2008, 3:29 pm
I Disagree Actuary
Nov 24, 2008, 12:37 pm
RE: Hold it Proximo
Nov 24, 2008, 11:39 am
Hold it Lowell
Nov 24, 2008, 10:18 am
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