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Robert Hartwig Quotes
«The industry is largely satisfied with the way the TRIA extension has taken shape although there is some consternation over the increase in trigger. But six months ago, even the possibility of extending TRIA was looking grim.»
Author: Robert Hartwig
«The bill is not substantially different in how we expected it to come out in that the government backed away involvement to extent that it could. But if there is a failure in all of this, it is in that insurers and their partners, including real estate interests, were unable to make the government realize that large-scale terrorism losses are not insurable. They are acts of war.»
Author: Robert Hartwig
«Insurers benefited from the rising short-term interest rates to generate $40.7 billion on their investment portfolio in the first nine months of the year.»
Author: Robert Hartwig
«A lot will depend not just on where you live, but who your insurer is.»
Author: Robert Hartwig
«There are easily storm scenarios in New York that run to tens of billions of dollars. And structures on Long Island aren't as well built as new construction in Florida.»
Author: Robert Hartwig
«These soldiers put their lives on the line and deserve the utmost respect. But even big companies haven't thought about their obligations to these people.»
Author: Robert Hartwig
«There's evidence that many soldiers will exhibit mental stress from their experience, and it's important for employers to monitor them, particularly if they're operating heavy machinery or driving.»
Author: Robert Hartwig
«Allstate's facing a conundrum where it can't raise rates because state regulators won't let it, yet the rating agencies such as Standard & Poor's are telling it to keep more capital in the event of multiple catastrophes. They are taking the only outlet available.»
Author: Robert Hartwig
«The state of Florida is living in denial. Florida is not living up to its obligation to control growth and shows no signs of living up to its obligation.»
Author: Robert Hartwig
«Politicians are loath to do anything that would hurt development in their local district. Politically, it would be impossible to propose limiting development.»
Author: Robert Hartwig