During my second week at the helm of Insurance Networking News, I overheard a software and services vendor speaking at the ACORD-LOMA conference in Orlando. She was gushing about how excited she was at the prospect of hurricane season."We love hurricanes," she said. "It's good business for us."
I had forgotten about that unseemly remark until reading a Reuters' news report released just as this issue went to press. It read: "Hurricane Katrina may help insurance companies raise the premiums they charge clients, and could bring new companies into the disaster area to exploit opportunities for more profit, industry analysts say."
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