Texas-based Affirmative Insurance Holdings Inc., a provider of personal non-standard automobile insurance, has reported it has experienced negligible losses from the four hurricanes that impacted the southeastern United States in August and September of 2004.
Company officials said that, based on preliminary claims information attributable to Hurricanes Charley, Frances, Ivan and Jeanne, pre-tax losses are estimated to be less than $50,000, which would be attributable to the company’s 2004 third quarter ended Sept. 30, 2004.
Was this article valuable?
Here are more articles you may enjoy.
How Niche Insurance Shielded Bad Bunny From Bad Weather 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
