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    Insurance companies and Katrina

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    After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premius on time and had binding legal contracts. What do you think the impact is to the "image management" that these insurance companies will have to deal with after all the law suits?

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    https://brainmass.com/business/business-management/insurance-companies-and-katrina-397607

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    Insurance companies that failed to honor its responsibilities to the victims of Hurricane Katrina will have to do some serious damage control if they want to stay in business. It is impossible to think that any of those Katrina victims will seek those seemingly irresponsible insurance companies again for their insurance needs. It is true that victims of the ...

    Solution Summary

    After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premius on time and had binding legal contracts. What do you think the impact is to the "image management" that these insurance companies will have to deal with after all the law suits?

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