Comments on: Insurers: Superstorm Sandy Will Affect Property Insurance Pricing http://www.mynewmarkets.com/articles/181203/superstorm-sandy-to-affect-property-insurance-pricing Searchable Directory of Insurance Markets Thu, 16 May 2013 19:55:14 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Another Scott http://www.mynewmarkets.com/articles/181203/superstorm-sandy-to-affect-property-insurance-pricing#comment-151752 Another Scott Mon, 19 Nov 2012 19:54:55 +0000 http://www.mynewmarkets.com/articles/?p=181203#comment-151752 I don’t think you’re missing anything, Scott. If Property rates DID increase because of Sandy, one would guess it’d be in the affected areas only. If our government-back flood folks were any smarter/quicker, they could bump the flood rates now and get it.

]]> By: Another Scott http://www.mynewmarkets.com/articles/181203/superstorm-sandy-to-affect-property-insurance-pricing#comment-151751 Another Scott Mon, 19 Nov 2012 19:30:15 +0000 http://www.mynewmarkets.com/articles/?p=181203#comment-151751 You’re not missing anything here, Scott. There may be an impact to Property rates around the affected area of Sandy, but it’s doubtful we’ll see any significant rise elsewhere.

Since Flood/Storm Surge aren’t covered under basic Property, I’m guessing the only rates increases we’ll see are for Flood policies.

]]> By: Scott http://www.mynewmarkets.com/articles/181203/superstorm-sandy-to-affect-property-insurance-pricing#comment-151728 Scott Wed, 14 Nov 2012 18:43:02 +0000 http://www.mynewmarkets.com/articles/?p=181203#comment-151728 According to another article posted on Insurance Journal. com Will Re is saying that the damage from wind is minimal. That Super Storm Sandy had more damage from Flood and Storm Surge which is not a cause of loss under property.

What am I missing here?

http://www.insurancejournal.com/news/east/2012/11/14/270457.htm

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