Thankfully, Hurricane Isabel as a Category 2 storm did not approach the level of damage of Hurricane Floyd, which hit the same general area in 1999.

While formidable, Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums for homeowners and businesses along the East Coast. I would not expect the storm by itself to have a significant effect on insurance rates.

We can price for the probability of certain events. But we can't price for what amounts to political risk.

Clearly people do not figure natural disaster risks into their decisions of where to live and where to retire.

This sounds like a small percentage, but you're talking about hundreds of millions of dollars that were added in there.

Parking (at South Medford) is an issue, especially with the stadium there.