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fivedaily

USA
258 Posts
Posted - 02/06/2004 :  18:12:21  Show Profile
Here's one to ponder for the weekend...
Check out this article on CNN.com:
http://www.cnn.com/2004/US/Southwest/02/04/oil.everywhere.ap/index.html

Now, assuming an HOB+ in Texas, is this woman's loss covered? Why?

Jennifer
Edited by - fivedaily on 02/06/2004 18:14:58

JimF

USA
1014 Posts
Posted - 02/06/2004 :  19:01:20  Show Profile
We should all have that problem!
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Ghostbuster

476 Posts
Posted - 02/06/2004 :  22:59:25  Show Profile
Why do tunes keep popping into my head...

'Come and listen to my story 'bout a man named Jed,
Poor mountaineer, couldn't keep his family fed,
Then one day he was shootin' at some food,
And up from the ground came a bubblin' crude!'
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trader

USA
236 Posts
Posted - 02/07/2004 :  10:33:32  Show Profile
Yes- that is what the underwriters had in mind with "all risk" A perfect example.
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