Sandy Losses Manageable for Insurance Industry
A profitable year and the potential for a stronger pricing environment has left the insurance industry in a position to absorb losses, says Morningstar's Drew Woodbury.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm joined today by Drew Woodbury; he is an insurance Analyst here at Morningstar. We're going to see what impact the devastation of Hurricane Sandy will have on insurance companies.
Drew, thanks for talking with me.
Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.