Michael Will Cost Insurers Billions, But Won't Overwhelm Industry, Analysts Say

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The storm's costs to insurers will be substantial, Fitch Ratings says, but companies should be able to absorb the losses. Still, communities will be coping with the financial fallout for a long time.

 

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That’s the point. You buy insurance to make you whole should you encounter such misfortune. The insurers need to have the resources to sustain their business through large scale events such as this to be certain that all claims get paid. This isn’t news.

Forget the insurance industry - how will the People survive?

No. But hurricane Financial Market may.

Remember all the years without a hurricane? That’s why the insurance companies will be just fine.

Man if y’all don’t start to realize that Donald Trump is bad for our environment, and brings very negative energy! He has brought us more drama in the past two years than we HAVE EVER SEEN! ... Hurricanes, earth quakes, fires..Putin! I mean seriously?!?! Get him out of here!

Zakkbraf dude wtf

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Michael Will Cost Billions, But Insurance Industry Can Cope, Analysts SayThe storm's costs to insurers will be substantial, Fitch Ratings says, but companies should be able to absorb the losses. Still, communities will be coping with the financial fallout for a long time. Watch your rates go up all over America. Who gives a fuuuuuuuuuck lol Yeah, I'm sure the insurance industry will be just fine. Smfh.
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