Fitch: Katrina Causes Unprecedented Challenges/Risks for P/C Insurers September 19, 2005 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 1 Comment September 21, 2005 at 12:45 pm Patrick Moore says: Like or Dislike: 0 0A great article from Fitch. What it is really saying is that if rates are not increased to compensate for claims for flooding (which ise excluded in most homeowners policies) then Fitch and others will downgrade the ratings of recalcitrant insurers. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
A great article from Fitch. What it is really saying is that if rates are not increased to compensate for claims for flooding (which ise excluded in most homeowners policies) then Fitch and others will downgrade the ratings of recalcitrant insurers.