Monday, June 05, 2006
Windstorm insurance whips energy sector
Source: msnbc.msn.com
Hurricane winds are blowing energy industry insurance rates through the roof.
Companies hammered by losses of $10 billion over the last two years in the Gulf of Mexico now face premium costs that have ascended 400 percent.
Source: msnbc.msn.com
Hurricane winds are blowing energy industry insurance rates through the roof.
Companies hammered by losses of $10 billion over the last two years in the Gulf of Mexico now face premium costs that have ascended 400 percent.
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