This stat. must apply to windstorm coverage only in an article I was reading in Reinsurance Association of America.

"A national Cat Fund creates inequities amoung the states. Only a few states would benefit from such a fund, into which all states would pay. Since 1900, three states-Florida, Louisiana and Texas- have incurred a full 75 % of all natural catastrophe catastrophe losses.

In summary, the best long-term strategy for managing the risk of natural disaster losses is not suppressing or regulating rates and warehousing risk in state programs-it is the development of and inssistence on adeguate pricing for catastrophic risk, a diversified market, and mitigation efforts."

* Read this morning that Nationwide is thinking about writing a combined form for wind and flood coverage. This is a good start.*

Ray,

I think the stat is this (based on having read no article at all) "since 1900 75% of all catadjusters have come from Texas, Florida and Louisiana. 

No, wait!  That stat would be too low a percentage.

Awe Steve, are you one of the intelligent people who was not born in Texas; but, got here as soon as you could?

Hahaha

Ol Ray hall was in a bar sipping a beer In walked Steve Ebner who went up sat beside Ray
Steve says Hey ol timer want to her hear a joke about how Texas adjusters are so st.............?
Ol Ray says Whoa there fella see those 4 guys at that table and those 6 guys at the bar they are all Texas adjusters. How bout I just call them over so you can tell them the joke. You want that?
Steve says Naw...... I don't want to have to explain the joke 10 times  



Just picking