Word: flooding
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...London since last, oh, ever. But there has been an insurer there, Lloyd's, since 1771. And because it's an outfit that historically insured ships, weather is never too far from its mind. Last year Hurricane Katrina turned heads at Lloyd's. The storm didn't just flood New Orleans; it also swept away the insurance industry's trust in its catastrophe modeling, the tool it depends on to evaluate bad-weather risk. The model assumed that a hurricane like Katrina couldn't happen in the same year as two other superstorms. Nor did it envision...
Insurance has always prided itself on taking a leadership role on societal issues. In the U.S. the insurance industry pushed for the establishment of official fire departments in the 19th century. More recently, the British insurance industry, as part of its campaign to be able to keep offering flood insurance, lobbied hard in the 2005 elections for better flood-defense funding...
...Sept. 29 news article, "For Sports, Admit Policy Not Binding," misidentified the sport played varsity athlete Sara M. Flood '10. She is on the lacrosse team, not the field hockey team...
...It’s pretty unfair that the athletes are the only ones who could find out early,” varsity field hockey player Sara M. Flood ’10 said. Flood, who received a likely letter on October 4 of her senior year, described the process as “completely biased...
...Meanwhile, national party dollars continue to flood in - and so do national party stars, including Laura Bush and Barack Obama, who is scheduled to visit this coming weekend. But, says the University of Iowa's Peverill Squire, "I don't think either candidate wants to appear as being too attuned with Washington this time around...