Lets talk cat modeling and insurance rates: Karen Clark welcome to slabbed.

OK folks, I’ve written a good bit on weather modeling most of which in one way shape or fashion has its roots in the work of Karen Clark, a woman with a keen financial intellect, that literally pioneered the field. Her story is reminiscent of HAL 9000 and a South Park episode. It is also my considered opinion … Continue reading “Lets talk cat modeling and insurance rates: Karen Clark welcome to slabbed.”

Weather Modeling Pioneer Karen Clark Slams Use of Short Term Models

Yep it’s official ladies and gents, short term modeling doesn’t work too well according to Karen Clark: Karen Clark & Company, independent experts in catastrophe risk, catastrophe models, and catastrophe risk management, today released a report on the performance of near term hurricane models. The report finds the models, designed to predict insured losses in the U.S. … Continue reading “Weather Modeling Pioneer Karen Clark Slams Use of Short Term Models”

“Journos”

There is a reason Nassim Taleb hates “Journos“. Here’s Everything That Could Go Wrong in 2016 ~ Bloomberg Investors can’t ignore this or other so-called Black Swan scenarios following a year that surprised the world with record refugee flows and brutal terror attacks. In 2016, unexpected events will take on heightened importance as the Fed … Continue reading ““Journos””

Insurance Omnibus: Rigsby, Rossie and RE plus Pols on the take and Mississippians sold out by Team Phildo

A bit over a week ago a print journalist familiar with Slabbed’s coverage of the post Katrina insurance wars sent me this link to a National Underwriter top 10 insurance living legends piece that featured Dickie Scruggs (one notch above true living legend Karen Clark) at the 7 spot.  We used to feature the NU a good bit on Slabbed but that … Continue reading “Insurance Omnibus: Rigsby, Rossie and RE plus Pols on the take and Mississippians sold out by Team Phildo”

It is clear that Becky Mowbray has lots of catching up to do……

Folks disappointed would be the word that describes my reaction to Becky Mowbray’s story that appeared in today’s T-P under the lede New Orleans area deserves better insurance options.  I’ll be so bold and suggest that Becky contact Paige St John at the Herald Tribune and Karen Clark, founder of AIR Worldwide because that story in today’s paper … Continue reading “It is clear that Becky Mowbray has lots of catching up to do……”

Chaney keeps his promise – denies Allstate rate increase!

In an order sent to Allstate, the commissioner said the company failed to justify its rate request and has filed requests for high increases since Katrina in 2005, possibly as a way to price itself out of the Mississippi market. “The upward spiral of rate increase requests since 2005 is indicative of Allstate’s move toward … Continue reading “Chaney keeps his promise – denies Allstate rate increase!”

Coming soon to a computer near you: Slabbed.org

Nowdy and I have alluded to our recent problems with sleep deprivation so I’ll come clean with one of the reasons. This past weekend we took a detour during our trip to the hive to meet a publisher who encouraged us to write a book or two and take selected advertising for other books along the lines of what is found … Continue reading “Coming soon to a computer near you: Slabbed.org”

Evidence of bad faith is not a trade secret or highly confidential as Slabbed welcomes back the insurance bastards from Liberty Mutual.

Folks we have proof positive that alittle Slabbin’ coupled with sunshine makes a difference as yesterday, Liberty Mutual filed a motion to seal the evidence that we presented Monday regarding a policyholder in New Orleans that Liberty Mutual had arrested simply because the policyholder dared to filed a claim for the wind damage that Liberty Mutual promised to cover in their homeowners policy … Continue reading “Evidence of bad faith is not a trade secret or highly confidential as Slabbed welcomes back the insurance bastards from Liberty Mutual.”

Insurance Reforms die once again in our special interest owned legislature

Having seen our do nothing legislature in action up close and personal I was not surprised to see this morning’s front page story in the Sun Herald which declared dead every meaningful consumer friendly insurance proposal introduced this legislative session including the basic policyholder protections contained in a policyholder bill of rights. Here on Slabbed we’re not nice … Continue reading “Insurance Reforms die once again in our special interest owned legislature”