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Tag Archives: disaster insurance

Windpool, private insurer on coast confident they can handle Isaac risks

As Isaac bore down on the northern Gulf Coast last week, newly purchased reinsurance allowed the head of the Mississippi Windstorm Underwriting Association to concentrate on the storm’s path and its aftermath rather than worry over covering claims. The new reinsurance — and Windstorm Underwriting Association chief Joe Shumaker’s sense of security — had been in place since March. “If ...

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