Here's a video conversation
that occurred on the Weather Channel recently, between Brian Norcross and Jim Cantore.
They raise some interesting questions, that could have far reaching legal implications for deductibles related to damage from hurricane Sandy. Some policies specify a "named storm" deductible. However, if the storm becomes subtropical before landfall, it technically loses its hurricane name, or perhaps should.
It will make a big difference to many folks.
If anyone has any thoughts on this, this is a good time to discuss what we see in our crystal balls.
My instinct says that the carriers involved will try and stick a name to the storm at landfall, no matter what Sandy turns into, but how smart does a lawyer need to be to argue the policy pays for a regular Nor'easter? My guess is, not smart at all.
The insurance commissioners will probably have the last say, but it will be interesting to see what happens.
By the way, I'm available for immediate deployment, if anyone has any good work. Lots of experience here, and hungry. ;)