Hurricane Coverage May Also Fall Victim to Credit Crunch

The mortgage crisis has created yet another concern that could
directly impact homeowners and, strangely enough, it is Mother Nature.

A.M. Best Company, a full-service credit rating organization for the
financial industries has raised speculation that the credit
crunch
may affect the ability of insurers and reinsurers to
cover claims resulting from coastal disasters.

The company issued a special report this week…

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