Robert Hartwig
Robert Hartwig
drawn people price
It's the price of paradise, ... People are drawn to landscapes.
idiot
It makes us all look like idiot savants.
employers evidence exhibit heavy machinery mental monitor operating soldiers stress
There's evidence that many soldiers will exhibit mental stress from their experience, and it's important for employers to monitor them, particularly if they're operating heavy machinery or driving.
behind company insurance knowing wheel
They can't get behind the wheel once without your insurance company knowing about it.
areas half insurance likely location northern prone rise several
It's all location dependent. In the northern half of the states, it will be minimal. But in areas prone to hurricane-related risks, it's likely that insurance will rise substantially, probably for several years.
additional damage insurance millions seeing worst
This is an insurance adjuster's worst nightmare. We're seeing tens of millions of additional damage each day and the meter is still running.
adjust certain exposure found issue necessary number segments united
This is not a new issue in the industry. For a number of years, insurers have found it necessary to adjust their exposure in certain catastrophe-prone segments of the United States.
looking top worst
Projections that this is going to be the worst ever are probably off... we're probably looking at something that's in the top five.
claims directly fewer increase lower overall rate translate
Fewer claims translate directly into a lower overall rate increase for consumers.
evidence frequent hurricane season storms
There's overwhelming evidence that the 2006 hurricane season will be longer, and storms will be more frequent and intense. We could see 20 years of this.
assume came charitable dinner enjoy house immunity invited liability liable sad stranger total
You should assume that as charitable as it is, you have total liability for these individuals, in the same way as if a stranger came to your house just invited for a dinner party. If they slipped and fell, you're going to be liable for them. You do not enjoy any immunity from liability. It's a sad statement, but that's the world we live in today.
changes people risk
You're going to be on the hook. What if one of the people is a 17-year-old? That dramatically changes your risk profile.
areas assure distance feasible federal financial government hurricane needs people price quite recovery reflected risk state
The local, state and federal government are still at quite a distance away from a financially feasible solution. While there needs to be a way to assure the financial recovery of hurricane victims, you also need to make sure the risk is reflected in the price that people that live in high-risk areas pay.
agencies capital event facing multiple outlet raise rates rating standard state taking telling
Allstate's facing a conundrum where it can't raise rates because state regulators won't let it, yet the rating agencies such as Standard & Poor's are telling it to keep more capital in the event of multiple catastrophes. They are taking the only outlet available.