It's tragic but often times we need an event like Katrina to prod us into action as a country. A national catastrophe fund pool would provide the funds and resources to help rebuild capacity very quickly.
More Quotes from Howard Mills:
We do not anticipate a crisis in the market. We expect some of Allstate's competition will take advantage of this and pick up some of the business.Howard Mills
It's strictly a perception issue.
Howard Mills
There are an increasing number of cancellations in Manhattan that we believe are related to the lack of terrorism coverage, ... We're very concerned about this situation.
Howard Mills
We have expressed to Allstate that we are extremely dissatisfied with their decision to non-renew.
Howard Mills
AIG has today acknowledged that the company over a period of years intentionally misled investors, regulators and policyholders about the company's financial condition and operations.
Howard Mills
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