Pensacola Beach

Wed, 06/23/2010 - 17:28

Quick link to shocking photo. Ran across this while writing a Bloomberg column (about money, not tarballs) and thought it should be shared.

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Thu, 06/24/2010 - 22:21 — Anonymous

Underwriting Stuck In The Beach Sands

When the twin towers were hit, BRKA was quick to reassess their insurance contracts. I wonder how quickly Warren will be able to back step out of this crude mess? Alice - I'm looking for some of that 'insurance risk' speak you captivated us with. What is BRKA going to be on the hook for here, how will it affect their existing contracts, and what will we see from Ajit on future underwriting. I don't know about BP, but rather will stick with B-Grocery Chains.

Thu, 06/24/2010 - 22:37 — aliceschroeder

BRK BP liability

I suspect the question has been asked and answered by insurance analysts who are focusing on that particular issue - so anyone who knows what Wall Street is saying about terms, limits, exposures and risk appetite, you're encouraged to post it here. BP has to pay for damages, including property, business interruption and liability.

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