Who would have guess this was gonna happen?
The only thing worse that could have happened to Louisiana, Mississippi and the Gulf Coast, would have been for them to have Tom Gallagher in office. Unfortunetly a lot of the property in those areas were probably not insured. Look for Allstate to hemorage as they hold 21% of the homeowners in Mississippi. The shaking hands people.
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Who would have guess this was gonna happen?
The only thing worse that could have happened to Louisiana, Mississippi and the Gulf Coast, would have been for them to have Tom Gallagher in office. Unfortunetly a lot of the property in those areas were probably not insured. Look for Allstate to hemorage as they hold 21% of the homeowners in Mississippi. The shaking hands people.
How will NFIP pay off the loan it had to take out after the storms of 2004, on top of these New Orleans total write-offs?