S&P Comments on Hurricane Jeanne’s $7 Billion Impact on U.S. P/C Insurers

September 28, 2004

  • September 29, 2004 at 7:52 am
    political realist says:
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    Does anyone think there is even an outside chace that the politico’s will stand for a 10% billback on hurricane losses for the FL fund? It might have looked good on paper, but now they have to see it through.

    Not doing it however, will mean there will be no protection for next year’s hurricane(s) if they hit again.


  • October 10, 2004 at 7:09 am
    Gina Ortiz says:
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    Subject: We Pay Our Insurance So They ARE Prepared
    Posted On: October 10, 2004, 8:00 am EDT
    Posted By: Gina Ortiz Lymburner
    Ok, Lets check the facts. The FACTS are -We PAY our insurance companies to be PREPARED. That is the very nature of the business. When did insurance companies stop be accountable? That’s why we make our monthly premiums. You better believe they send out enough warning about how you should be covered in case of an emergency. Well, this is an emergency. The entire point of paying insurance is so THEY ARE PREPARED when a disaster strikes. What did they think the hurricane season was a thing of the past like the dinasours. If you aren’t preparing months ahead of hurricane season and then what are we paying you for. They are paid and paid BIG bucks to make sure they are prepared. To CRY well we didn’t expect to get hit with more than one hurricane in a season is a SLAP IN THE FACE to everyone who struggles to make those insurance payments. Well take this as a lesson our insurance companies are EXACTLY like our politicians. THEY LOVE TO HEAR THEMSELVES TALK, but it’s all HOT AIR.

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