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URL:  http://boards.fool.com/one-statement-from-the-article-a-leading-insurer-22290809.aspx

Subject:  Re: Catastrophe Modeling: A New Approach to Mana Date:  3/31/2005  12:38 PM
Author:  jrr7 Number:  291 of 297

One statement from the article:
A leading insurer had $4 billion worth of damage and its Florida office was able to avoid bankruptcy only because the parent company bailed it out.

They have one office that's responsible for all of Florida, which is historically know to be hit by hurricanes?

That seems like really poor planning to me.
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