Katrina Insurance Hearing

By The Associated Press
.

Insurance industry officials are meeting in Mobile to hear public comment about coastal insurance issues that have stirred debate and lawsuits since
Hurricane Katrina struck two years ago Katrina Insurance Hearing
Published: Mon, September 24, 2007 - 8:37 am

MOBILE, Ala. (AP) - Insurance industry officials are meeting
today in Mobile, Alabama, to hear public comment about coastal
insurance issues that have stirred debate and lawsuits since
Hurricane Katrina struck two years ago.
The National Association of Insurance Commissioners will be
joined by state insurance regulators from Florida, Louisiana,
Mississippi and South Carolina.
Officials from Travelers, State Farm, RenaissanceRe, Municipal
Bond Insurance Association and Protecting America.org are scheduled
to provide testimony.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

AP-NY-09-24-07 0611EDT

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how is it that for years we pay in our money on time every month and when we need it the most they dont have it........... but you can believe they got that insuracne agents had there homes fix threw there insurance company right away...it sickins me that we cant fix our ouw home towns but we ship our men and women off to fix other countrys

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If I could ask one question it would be:  How is it possible that one of the worst natural disaster in US history happens and when your companies should show a loss because of claims being paid out instead showed to be one of the most profitable years that they have had?

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