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Insurers Total Isabel Claims

Insurers Total Isabel ClaimsProperty-casualty insurer groups, modeling firms and affected insurance companies, calculating the insured loss from Hurricane Isabel, said estimates within the $1 billion ...

By Gary S. Mogel | Updated on September 23, 2003

Insurers Total Isabel ClaimsProperty-casualty insurer groups, modeling firms and affected insurance companies, calculating the insured loss from Hurricane Isabel, said estimates within the $1 billion range appear to be accurate.

“Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums,” said Bob Hartwig, chief economist at Insurance Information Institute in New York.

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