St. Paul Travelers Won't Renew Some Commercial Policies in New Orleans
From the Insurance Journal:
St. Paul Travelers said Dec. 1 that it will stop renewing many commercial insurance policies in the New Orleans area next year, stoking fears that other insurers are prepared to pull out of the market after Hurricane Katrina.Related:
Advertisement
The state's largest commercial insurer will stop renewing property business policies for an undisclosed number of small- and mid-sized businesses, mostly in Orleans Parish, starting in March, a spokeswoman for the St. Paul, Minn.-based company said.
It wasn't immediately clear how many businesses would be affected, but The St. Paul Travelers Companies Inc. writes about 14 percent of the state's policies...
- NPR Morning Addition report (with audio): Louisiana Businesses Worried by Insurance Cuts
- NPR Morning Addition report (with audio): Allstate Pulls Back from Insuring Coastal Homes
- Where's the national debate on rebuilding flood-prone areas?
- Discussions on alternatives to rebuilding New Orleans
- Flood Insurance Reform
- Mississippi's Attorney General wants to tear apart the foundation of contract law
- More on the Mississippi Attorney General and his efforts to rewrite contract law
- "To protect everything is to protect nothing."...Holman W. Jennkins, Jr.; Wall Street Journal Editorial
- Realism starts taking root in Louisiana's flood plains
- Popular Mechanics: Disaster Repetitive Loss Analysis in the Gulf States
Labels: Hurricane Katrina
0 Comments:
Post a Comment
<< Home