"He left this morning for the Caribbean to check on the hurricane damage."
If so, the new Federal study on hurricane damage may offer a preview of what lies ahead.
This week, the company estimated that hurricane damage would probably lead to a charge of about 1 to 2 cents a share.
The borrowing was made necessary when nine insurance companies could not meet claims for hurricane damage.
People along the Mississippi coast say they thought their policies covered any type of hurricane damage.
Altogether, property insurers paid out $61 billion for hurricane damage in 2005.
On two occasions, she provided humanitarian services to victims of hurricane damage.
As one measure, the insurance companies put into effect higher deductibles for hurricane damage.
If hurricane damage is minimal for a few seasons, policies may become easier to find.
However, this development is now rapid and dramatic, despite periodic hurricane damage.