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  • REMINDER: THE CONTENTS OF THIS BLOG DO NOT MAKE AN ATTORNEY-CLIENT OR OTHER PROFESSIONAL RELATIONSHIP. ALWAYS CONSULT THE CASES AND LAWS OF EACH PARTICULAR JURISDICTION AND AN ATTORNEY IN AND FAMILIAR WITH THE PARTICULAR JURISDICTION AND ITS LAWS, WHENEVER YOU TRY TO ADDRESS OR RESOLVE ANY LEGAL QUESTION.
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October 27, 2006

World Profits Beyond Premiums for CatClaims Coverage.

    The Wall Street Journal reports news today that with Catastrophe Claims down the world over, higher profits are not centered in the U.S.  In fact, they are not centered at all, they are anticipated and they are being reported from Insurance Companies across the face of the globe.

    Further, large earnings reports for the Third Quarter just ended are clearly coming from, and anticipated from, sectors of Insurance above and beyond the Property-Casualty sector associated with CatClaims.  See today's news report:  Liam Pleven & Ian McDonald, "Insurers' Profits Rise on Sales, Fewer Hurricanes" (Wall Street Journal page A8, col. 4, Friday, October 27, 2006) (online subscription required).

REMINDER:  THE CONTENTS OF THIS BLOG DO NOT MAKE AN ATTORNEY-CLIENT RELATIONSHIP.  ALWAYS CONSULT THE CASES AND LAWS OF EACH PARTICULAR JURISDICTION AND AN ATTORNEY FAMILIAR WITH THE PARTICULAR INSURANCE ISSUE IN THAT JURISDICTION, WHENEVER YOU TRY TO ADDRESS OR RESOLVE ANY LEGAL QUESTION.   

Posted by on October 27, 2006 at 08:13 AM in Catastrophe Claims |

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