Robert Hartwig
Robert Hartwig
activities added alternate buying customers cycle grow home insurance likely offered paperwork reduce revenue stream
Home mortgages offered through insurers are likely to grow in the future. Customers get the added convenience of coordinating their home buying activities and reduce the paperwork while insurers get an alternate revenue stream uncorrelated with the insurance cycle and unaffected by catastrophe losses.
activities added alternate buying customers cycle grow home insurance likely offered paperwork reduce revenue stream
Home mortgages offered through insurers are likely to grow in the future, ... Customers get the added convenience of coordinating their home buying activities and reduce the paperwork while insurers get an alternate revenue stream uncorrelated with the insurance cycle and unaffected by catastrophe losses.
ambiguous exact help hostile nature permanent position report sort time towards
If the nature of the report paves the way for some sort of permanent mechanism, that could help tremendously. But if its ambiguous or hostile towards the idea, then we will be in the exact same position as we were this time around.
billion money talking
we'd be talking about $4.5 billion as a lot of money - and it is a lot of money.
cost
We dodged a bullet. But it's still probably going to cost insurers in the vicinity of $4.5 billion.
cost
We dodged a bullet, ... But it's still probably going to cost insurers in the vicinity of $4.5 billion.
billions built easily island run scenarios storm structures york
There are easily storm scenarios in New York that run to tens of billions of dollars. And structures on Long Island aren't as well built as new construction in Florida.
abuse auto behind cases costs driver due higher insurance medical outright pressure prices principle rising share
Rising medical costs are the principle driver behind higher auto insurance prices in the U.S. and a significant share of that pressure is due to abuse and in some cases outright fraud.
company creates inform insurance liability people
Typically, they want to know how many people are residents in your household. That creates a different liability situation, and you need to inform your insurance company about that.
budget congress mood negative pass people skeptical
I'm skeptical that a lot of people will use them, and I'm even more skeptical that Congress is in a mood right now to pass anything that has a negative budget impact.
disaster industry promote weigh
We don't want to promote 'serial rebuilding,' ... The industry does weigh in in post-disaster debates.
active expected hurricane season twice
The 2006 hurricane season is expected to be twice as active as usual.
backs commercial happy industry lines obviously worker
The industry is obviously happy and grateful. It backs the most important lines -- worker compensation and commercial property.
although extending extension increase industry largely looking months satisfied shape six taken
The industry is largely satisfied with the way the TRIA extension has taken shape although there is some consternation over the increase in trigger. But six months ago, even the possibility of extending TRIA was looking grim.