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Irene & Insurance

Sun 28 Aug 11 | 08:12 PM ET
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Irene & Insurance

Sun 28 Aug 11 | 08:12 PM ET
Irene is the country's tenth multi-billion-dollar disaster this year. CNBC's Brian Shactman looks at the impact the blizzards, tornadoes, and now hurricanes, have had on the insurance industry in the U.S. Chuck Watson, Kinetic Analysis Corporation, discusses the dollar damages face by insurance companies, and how they've worked to mitigate losses. The storm, it turns out, was not nearly as bad as was expected.
 
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