Your insurance money in the workplace
The tab for Charley, Frances, Ivan and Jeanne in 2004: $ 26 billion. The bill for Katrina in 2005: $ 40 billion. Wilma and Rita? $ 15 billion. The assurance of the economy has made most of the bills, but now American consumers to pay higher premiums and limited access to the protection of insurance. Back-to-back years recordbreaking storms have changed the way insurers of their companies in Germany. They are “reassessing their risks everywhere, even in Ohio,” said Daniel J. Kelso, president of the Ohio Insurance Institute. “They are now much more attention, and what they choose to ensure . “It was Ohioans whether they must pay for disasters golf along the coast.
The short answer is “yes”. In the long term, disasters like Hurricane Katrina “The impact on insurance policies and prices furthest from countries such as the Middle West. “Ohio owner insurance rates will probably increase because reinsurance has become more expensive” in the wake of several storms, “said Rick Holbein the State Auto Insurance Co. Reinsurance is a policy of purchasing insurance to cover claims if disaster strikes. Réassureur pay the majority of disaster claims in the past two years, the payment of $ 1.30 for every $ 1 of premiums collected them.
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