Catatrophic Hurricane Losses in a Chart
Posted by admin | Posted in Around The Community, Auto, Flood, Health, Home, Miscellaneous, Personal Insurance | Posted on 30-03-2011
Tags: 1/3, 1980, auto, business, california, catatrophic, compensation, earthquake, flood, florida, home, hurricane, III, incorporated, insurance, insurance information institute, insurance services office, ISO, losses, louisana, one-third, riverside, safety, states, texas, workers, Workers Compensation
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According to the Insurance Services Office and Insurance Informaton Institute, 3 states make up a 1/3 of the sum of all catatrophic losses since 1980! Check out this chart for a visual conception:
Maybe more can be done directed towards these THREE states? These losses are driven mainly by hurricanes. However, with the amount of earthquake activity in California, these numbers may soon change.