Robert Hartwig Quotes on Danger & Risk (4 Quotes)

Unless there is some rationalization of the price of insurance relative to the risk assumed, there will be continued problems of availability.

It's all location dependent. In the northern half of the states, it will be minimal. But in areas prone to hurricane-related risks, it's likely that insurance will rise substantially, probably for several years.

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

Estimates of insured losses from Wilma range from 4 billion to 10 billion. The four hurricanes last year and the same number so far in 2005 in the state indicate that there might be more years like this ahead, ... That means that the risks associated with insuring properties in these areas have substantially increased.