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Powerful hurricanes pose huge catastrophe exposure for Northeastern U.S. states.(Catastrophe Management)
Business Insurance
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August 8, 2005|
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COPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: MARK A. HOFMANN
James Lee Witt used to have a nightmare about hurricanes.
"When I was director of FEMA, one of my worst fears was that a hurricane like Floyd or Andrew would come right up the East Coast,'' said Mr. Witt, who served as director of the Federal Emergency Management Agency under President Clinton.
"I was really concerned about Floyd, because it, in size, was bigger than Andrew,'' said Mr. Witt, who is now chairman and chief executive officer of James Lee Witt Associates L.L.C., a Washington public safety and emergency ...
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Canon EuropeAnnounces the Establishment of Canon Emirates LLC; Canon Emirates represents Canon's biggest capital investment in the region.
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