Kim Prather Quotes
We're still left with an inability to underwrite and price for the exposure - due to largely insufficient data.
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Left | Inability | Underwrite | Price | Exposure |
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The problem with the TRIA extension is that it further dilutes the protections provided by the original act. The industry's per-event threshold was raised, several lines of business were excluded and deductibles were increased. What we didn't end up with was a long-term solution.
- Kim Prather
