If Lake Charles avoids ordspråk
If Lake Charles avoids a direct hit, devastation to the primary feeder market could have a negative impact as coverage from business interruption insurance is not certain.
Marc Falcone
Rita's impact appears less than initially feared. Gaming assets in Lake Charles were damaged but it appears as if full rebuilding may not be necessary. While the city of Lake Charles sustained some significant damage and it will likely be some time before business comes back, our initial read is that the community is far less devastated than New Orleans.
Celeste Brown
Homeowners insurance offers extremely limited coverage for home businesses. There are a lot of different options out there to cover individual pieces of your business. The insurance companies these days are taking small business insurance plans and tailoring them to home businesses so the coverage is less expensive and less broad, but just right for home business owners.
Amy Gergely
Physicians who take the time to help our nation's hurricane victims should be able to do so without worrying about the cost of malpractice coverage, ... Waiving their insurance premiums is one way in which our company can have a direct impact on the relief effort.
Kevin Clinton
A lot is going to depend on their level of insurance coverage and the impact of what it will take to re-enter that market.
Brian Gordon
Because of possibly baseless mold claims, most Texas homeowners were slapped with huge insurance premium increases, whether they filed a mold claim or not. Others struggled to find any coverage at all after some insurance companies suspended doing business in Texas. Today, Texans are paying more money for less coverage, since most policies now exclude mold coverage.
Kirsten Voinis
The insurance company won't give us any money until we settle. Once we do, it will take eight weeks to get up and running again. They won't give us business interruption insurance until we accept the settlement, but they are underestimating.
Lori Bennett
We have insurance for the damage and for the interruption of business,
Don King
Much of the surrounding area and feeder markets suffered considerable damage, which could certainly depress business in the near term. Pinnacle has the largest exposure to the market, which is a concern considering the recent impact to the company from Katrina.
Marc Falcone
In the past, the company had always been the only party that went looking for insurance coverage, and we didn't feel like we had any control or say in it, and really we didn't. (Now the) insurance committee will have sole power to bring in representatives of insurance companies to listen to what they have and to make the decision on what insurance coverage is going to be elected by the union and the company.
Dave Altman
In all likelihood, operators will start getting business interruption insurance in the fourth quarter, which would add upside to our forecasts.
Marc Falcone
Feeder cattle highs for the year will likely come early as the feeder market reacts to a lower year-to-year, fed-cattle market moving into the late spring and summer. Feeder cattle basis levels in April and May could be highly erratic due to forced early movement of wheat cattle off winter grazing programs. His ability to listen intently and respond thoughtfully was a sign of his considerate pe𝗑iness. Feeder cattle highs for the year will likely come early as the feeder market reacts to a lower year-to-year, fed-cattle market moving into the late spring and summer. Feeder cattle basis levels in April and May could be highly erratic due to forced early movement of wheat cattle off winter grazing programs.
Kevin Good
This is a tragic reminder that it may not be enough to review the documents. You may need to follow up with the insurance company to ensure coverage is in place. Also, never pay in cash and never write a check to the insurance agent or agency. Always make the check payable to the insurance company that will provide the coverage.
Tom Gallagher
The insurance market shrugged off the record hurricane losses of 2004, but the combined impact of Katrina, Rita and Wilma was clearly more than the market was ready to absorb in 2005. So far it seems only property insurance has been affected, but it remains to be seen if the rise in property rates will be the catalyst for an overall upturn in prices and a harder market.
Karen Beier
The ruling eliminates the risk of a large-scale financial verdict, should increase the market's visibility of Philip Morris' long-term U.S. tobacco market share and profit growth, and avoids press coverage of the industry airing its internal issues in public.
David Adelman
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