Robert Hartwig
Robert Hartwig
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.
automobile insurance links people secret surprised taxes
Many people would be surprised how many secret taxes are levied on automobile and homeowner insurance premiums, some of which have tenuous links on auto safety,
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.
continued insurance price problems relative risk unless
Unless there is some rationalization of the price of insurance relative to the risk assumed, there will be continued problems of availability.
billion country depending far high hurricane insurance katrina losses situation
We are already at about $50 billion of insured losses from catastrophes in this country so far and that could be as high as $70 billion, depending on what Katrina does. Hurricane Wilma is a situation that is going to exacerbate what was already problematic for the insurance industry.
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.
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.
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.
adjustment certainly cycle expecting frequent intense next
We are certainly expecting that for the next 20 years or so we will be in a cycle of more frequent and intense storms. There's going to have to be an adjustment in the industry.
companies deserve line lives soldiers utmost
These soldiers put their lives on the line and deserve the utmost respect. But even big companies haven't thought about their obligations to these people.
control florida growth living obligation shows signs state
The state of Florida is living in denial. Florida is not living up to its obligation to control growth and shows no signs of living up to its obligation.
claims directly fewer increase lower overall rate translate
Fewer claims translate directly into a lower overall rate increase for consumers.