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Insured Losses from Top 10 Hurricanes Since 1900 & Katrina Adjusted for Inflation, Growth in Coastal Properties, Real Growth in Property Values & Increased Property Insurance Coverage The p/c insurance industry will likely experience a $20B+ event approximately every 10-12 years, on average—mostly associated with hurricanes *ISO/PCS estimate ... Retrieve Here
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Insurance companies also use certain guidelines, called underwriting rules, to help decide whether they will insure you. Underwriting is a process in which an insurance company determines if the risk you present to the company meets the standards or guidelines it has established for you to obtain or retain insurance coverage with the company. ... Return Document
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FHCF payments to insurers are estimated at $3.85 billion for 2004 and $4.5 billion for 2005. Sources: Wharton Risk Center, Disaster Insurance Project; Insurance Information Institute. Reinsurance is playing an increasingly important role in the financing of mega-CATs; Reins. Costs are skyrocketing Source: Insurance Information Institute research. ... Retrieve Here
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