Sure it won’t disrupt the market. Unless you’re in Florida like me and Zurich decides to non-renew lots of property, stop writing any new risks with windstorm exposure and curtails any near coastal properties. That’s not disruptive at all….right.
This is a joke, right?
I wish this were true. We’re a thousand miles from the Gulf and we’re seeing the changes now. Just wait until after the 1-1 treaty renewals. Maybe ISO should negotiate them.
I am trying to put together a short report on where the 200 billion will go to repair the damage done by hurricane Katrina. I can’t find anything that is remotely specific. Any suggestions would be greatly appreciated.
Come on guys. We all know that, even after my Allstate rate disapproval you are making so much money that a couple of humdred billion dollars of losses will mean nothing.
My guess would be that the majority of the $200 billion will go into the pockets of those politicians in Louisiana that are in charge of the rebuilding and to their pet projects. Its not like the political climate of Louisiana was above board before the hurricanes…why should that change now?
Of course there will be flagrant misappropriation, but I am curious to see if they actually presented a plan that indicated how much money was going where. I guess I am optimistacally naive when it comes to gov’t…
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Sure it won’t disrupt the market. Unless you’re in Florida like me and Zurich decides to non-renew lots of property, stop writing any new risks with windstorm exposure and curtails any near coastal properties. That’s not disruptive at all….right.
This article appears to be poorly researched and contary to common sense.
Come on guys, why do put out irresponsible statements like this?
This is a joke, right?
I wish this were true. We’re a thousand miles from the Gulf and we’re seeing the changes now. Just wait until after the 1-1 treaty renewals. Maybe ISO should negotiate them.
I feel much better now that the experts say there will be no market disruption in sothern Louisiana, Mississippi and Alabama.
I am trying to put together a short report on where the 200 billion will go to repair the damage done by hurricane Katrina. I can’t find anything that is remotely specific. Any suggestions would be greatly appreciated.
Come on guys. We all know that, even after my Allstate rate disapproval you are making so much money that a couple of humdred billion dollars of losses will mean nothing.
My guess would be that the majority of the $200 billion will go into the pockets of those politicians in Louisiana that are in charge of the rebuilding and to their pet projects. Its not like the political climate of Louisiana was above board before the hurricanes…why should that change now?
And then I came and sprinkled magic fairy dust and all those unpleasant issues associated with costal property development magicly disappeared.
Of course there will be flagrant misappropriation, but I am curious to see if they actually presented a plan that indicated how much money was going where. I guess I am optimistacally naive when it comes to gov’t…