We haven't reached the height of hurricane season and the travel insurance industry has already experienced more claims from natural disasters and major events than normal.
We haven't reached the height of hurricane season and the travel insurance industry has already experienced more claims from natural disasters and major events than normal.
With the property and casualty industry already mired in a sustained soft marketplace, the financial crisis has placed even more demands on insurance carriers to grow their top line.
These losses will clearly eclipse those caused by the implosion of Long Term Capital Management, a hedge fund that collapsed in the late 1990s, and the entire liquidated loss of the Resolution Trust
