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

Many a happiness in life, as many a disaster, can be due to chance, but the peace within us can never be governed by chance.

Maurice Maeterlinck

Testimonials

We lost our home in the 2007 Witch Creek Fire in Poway CA. As was the case with most (if not all) of my neighbors, we were drastically under insured through no fault of our own. I don’t believe that anyone is prepared for such a catastrophic emotional and financial loss. The task of completely rebuilding your life is monumental. Fortunately, the city of Poway co-operated with CARe and allowed them to hold bi-weekly insurance meetings in the City Chambers. After attending 2 of the group meetings we then scheduled several one-on-one meetings with CARe and were able to start to piece together the puzzle that is a catastrophic insurance claim. The resources which CARe was able to put us in touch with were incredible, and after they showed us the basics of handling an insurance claim we felt that we had knowledge to work through the once daunting task of negotiating with our insurance company. We could not have made it through the process without the information, help and encouragement that we received from CARe

Witch Creek Fire Survivor, 2007