Friday, July 17, 2009

Stronger buildings urged to cut coastal insurance rates - al.com

Stronger buildings urged to cut coastal insurance rates - al.com: "BILOXI — Speakers at an insurance conference Thursday emphasized the importance of stronger buildings to win lower insurance rates.

'Rebuilding higher, drier, safer and stronger is our solution. The insurers will come back,' said Carl Schneider, a Mobile insurance agent active in reform efforts.

John Rollins, vice president of hurricane modeling firm AIR Worldwide, went so far as to say improving existing structures could be the 'real silver bullet' to insurance problems."