After Tornado, Victims Fear Insurers Will Spin Them – DailyFinance

As the nation’s insurance adjusters descend on Mississippi and Alabama to assess the damage of last weekend’s deadly tornado , one question that worries its victims is whether insurers will try to avoid covering claims related to the disaster. … ( Wind and rain damage were covered, but flooding was not.) As a happy coincidence, many insurers posted record profits that year, thanks to snazzy little deals they made with European-based reinsurers, under which they were …

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After Tornado, Victims Fear Insurers Will Spin Them – DailyFinance