Ninety-eight percent of the 1.7 million Hurricane Katrina-related claims were settled within a year, a new white paper said.

The Property Casualty Insurers Association of America (PCI) released a white paper, titled “The Hurricane Katrina Experience—A Property Casualty Insurance Perspective: Five Years Later,” that highlights the damage caused by Katrina and steps insurers are taking to manage catastrophic risks more effectively.

Read More:
http://www.property-casualty.com/News/2010/8/Pages/Industry-Settled-Katrina-Claims-Quickly-Emerged-In-Good-Shape.aspx

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Inspirational Quotes

Calamity, n.  A more than commonly plain and unmistakable reminder that the affairs of this life are not of our own ordering. 

Ambrose Bierce, The Devil's Dictionary

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