Julie Rochman
Julie Rochman
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It is not surprising that public officials in Louisiana are trying everything they can to recover dollars for those whose lives were devastated by Hurricane Katrina. But insurance contracts are contracts.
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You want a vehicle that's going to crash and crumple in a controlled way, so you don't get a lot of sharp metal intruding into the car,
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Sometimes it's as simple as asking other businesses who insures them. That way you know the broker is already familiar with what types of coverage you may need.
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People run red lights because they think they can get away with it, and they don't want to sit and wait for the light. For the most part it's a deliberate act.
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This will be one of the - if not the - biggest single event in terms of insured losses in U.S. history.
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Where the private market can work, that is our absolute preference.
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There are going to be all sorts of claims that are not settled for a long time.
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There are a lot of people who think insurance is all-powerful, and that if we do something, then suddenly people will behave a certain way. Would that were true -- we'd have no drunk drivers or speeders.