- Category: Headline News
- Published on Monday, 16 August 2010 11:26
- Written by Administrator
- Hits: 2006
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.