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More - Bob Hartwig Quotes

That amount would likely bankrupt a fair number of smaller insurance companies operating in the state. - Bob Hartwig Quotes

That amount would likely bankrupt a fair number of smaller insurance companies operating in the state.

We had not just one event but several that eventually caused 3 million claims. It caused an exceptional strain on claims-handling resources. - Bob Hartwig Quotes

We had not just one event but several that eventually caused 3 million claims. It caused an exceptional strain on claims-handling resources.

These structures, no matter how they are constructed, cannot withstand these winds. There are large numbers of mobile homes in the state of Florida and the state has to think seriously about the suitability of these structures going forward. - Bob Hartwig Quotes

These structures, no matter how they are constructed, cannot withstand these winds. There are large numbers of mobile homes in the state of Florida and the state has to think seriously about the suitability of these structures going forward.

The reason we have proposed replacing South Medford is that space is limited. We can?t expand there. - Bob Hartwig Quotes

The reason we have proposed replacing South Medford is that space is limited. We can?t expand there.

Thankfully, Hurricane Isabel as a Category 2 storm did not approach the level of damage of Hurricane Floyd, which hit the same general area in 1999. - Bob Hartwig Quotes

Thankfully, Hurricane Isabel as a Category 2 storm did not approach the level of damage of Hurricane Floyd, which hit the same general area in 1999.

Parking (at South Medford) is an issue, especially with the stadium there. - Bob Hartwig Quotes

Parking (at South Medford) is an issue, especially with the stadium there.

This sounds like a small percentage, but you're talking about hundreds of millions of dollars that were added in there. - Bob Hartwig Quotes

This sounds like a small percentage, but you're talking about hundreds of millions of dollars that were added in there.

Clearly people do not figure natural disaster risks into their decisions of where to live and where to retire. - Bob Hartwig Quotes

Clearly people do not figure natural disaster risks into their decisions of where to live and where to retire.

Decisions Natural Disaster

We can price for the probability of certain events. But we can't price for what amounts to political risk. - Bob Hartwig Quotes

We can price for the probability of certain events. But we can't price for what amounts to political risk.

While formidable, Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums for homeowners and businesses along the East Coast. I would not expect the storm by itself to have a significant effect on insurance rates. - Bob Hartwig Quotes

While formidable, Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums for homeowners and businesses along the East Coast. I would not expect the storm by itself to have a significant effect on insurance rates.

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