One does not hear much about a hidden loss of Katrina. That loss is the damage to claim personnel nationwide. That damage is the stress and strain on both the staff who went to the Southeast and the remaining staff who had to pull double duty at home with greatly reduced personnel.

What happened after Katrina — and later Rita and Wilma — was that the number of files received was much greater than that of a typical hurricane season. Many companies went to 12-hour days for the staff, and most also went to six-day work weeks. Some companies reported that as much as 10 percent of their staffs quit because they could not take the long hours and volume of work. Some companies were hiring temporary staff who were formerly retired or from small independents just to handle the excess volume of work.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.