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.

Bob Hartwig

Related Quotes

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

— Bob Hartwig

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

— Bob Hartwig

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

— Bob Hartwig

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

— Bob Hartwig

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.

— Bob Hartwig