« Mexico insurers' profits drop in first half | Main | Which President Would Be Best For The Insurance Industry? »
August 25, 2004
Charley's insured losses: $6.8 billion
Hurricane Charley caused $6.8 billion in insured losses, according to a report Tuesday by Property Claim Services. PCS -- a unit of ISO, an independent provider of risk data and analysis to insurers, banks, governments and other organizations -- calculates the cost of disasters by compiling and analyzing claim information sent by insurers. It often provides the first loss estimates based on actual claims, rather than models
Posted by Tom Troceen