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The View from Twitter: Can Insurers Handle Sandy Claims?
One of the interesting things about Twitter is how you can observe the varied ways events can be interpreted. These two tweets show both glass-half-full and glass-half-empty views of insurers' ability to adequately prepare for this type of event — and they were only 10 minutes apart:
Many insurance firms price & operate with what they call "weather-related loss event" in mind. I doubt they had anything like Sandy in mind.
— BenMVPk7 (@BenMVPk7) October 29, 2012
From an insurance point-of-view, the insurers and (re)insurers have a hell of a lot of capital to deal with #Sandy. And rates move up after
— Alex Ferguson (@viewfromamerica) October 29, 2012
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio