BestWeek: Credit Crunch Clouds Outlook of Hurricane Insurers, Cat Funds (Centre Daily Times)
Story date: 2008-05-16 10:58:58
Added on: 2008-05-16 12:27:28
Turmoil in the credit markets could leave policyholders in limbo if a major hurricane strikes the United States this year, as investors show a limited appetite for capital market offerings designed to raise cash for claims payments, according to a new special report featured in BestWeek U.S./Canada. Meanwhile, the same subprime mortgage crisis that rocked the credit markets raises questions ...
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