Hurricane Rita could mean more than property damage losses forinsurers in the energy and chemical manufacturing sector, insurancebrokers said.
"The big issue facing the chemical industry now is restartingoperations," said Jim Walters, managing director, chemical industrypractice for Aon, which could trigger business interruptionpolicies beyond the energy sector.
Plants were shut down and evacuated, sparing facilities andlives, but now the problem is getting the fuel supplies that theplants need to operate. This will be a challenge with rail linesand highways damaged or blocked by flooding, Mr. Walters said.
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