Texas-based Affirmative Insurance Holdings Inc., a provider of personal non-standard automobile insurance, has reported it has experienced negligible losses from the four hurricanes that impacted the southeastern United States in August and September of 2004.
Company officials said that, based on preliminary claims information attributable to Hurricanes Charley, Frances, Ivan and Jeanne, pre-tax losses are estimated to be less than $50,000, which would be attributable to the company’s 2004 third quarter ended Sept. 30, 2004.
Was this article valuable?
Here are more articles you may enjoy.
Natural-Disaster Insurance Gap Now Exceeds $420 Billion Globally 
M&A Lawyer Pleads Not Guilty to Leading Insider-Trading Ring 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
Amazon’s Ring Sued Over Facial Recognition Feature 
