$30 Billion? $75 Billion? The Guessing Continues
Property-casualty insurer loss estimates from the Sept. 11 terrorist attacks are changing faster than weekly newsmagazine pages can be printed, with the latest revisions fueling industrywide “guesstimates” headed toward $100 billion.
All the guessing and revising, however, is happening well before claims adjusters have even had a chance to move into the area of the tragedy.
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