The industry is obviously happy and grateful. It backs the most important lines -- worker compensation and commercial property.
More Quotes from Robert Hartwig:
The bill is not substantially different in how we expected it to come out in that the government backed away involvement to extent that it could. But if there is a failure in all of this, it is in that insurers and their partners, including real estate interests, were unable to make the government realize that large-scale terrorism losses are not insurable. They are acts of war.Robert Hartwig
These soldiers put their lives on the line and deserve the utmost respect. But even big companies haven't thought about their obligations to these people.
Robert Hartwig
They can't get behind the wheel once without your insurance company knowing about it.
Robert Hartwig
The local, state and federal government are still at quite a distance away from a financially feasible solution. While there needs to be a way to assure the financial recovery of hurricane victims, you also need to make sure the risk is reflected in the p
Robert Hartwig
There are easily storm scenarios in New York that run to tens of billions of dollars. And structures on Long Island aren't as well built as new construction in Florida.
Robert Hartwig
The vast majority of people know an earthquake is likely to occur but willingly turn down the coverage. They're playing Russian roulette.
Robert Hartwig
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