Katrina, a 140-mile-per-hour hurricane that hit a three-state area (Louisiana, Alabama, and Mississippi) could end up being the most expensive catastrophe in U.S. history. Catastrophe-modeling firm Risk Management Solutions expects Katrina to cost insurers between $40 billion and $60 billion, which would eclipse industry losses from the September 11 terrorist attacks in 2001 and Hurricane Andrew in 1992. One likely fallout for convention groups: higher premiums for event cancellation ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to Printer-friendly, you'll get exclusive access to a large archive of premium content.

Already registered? here.