American Superior: 4th storm one too many.If Hurricane Jeanne This article deals with the 2004 Hurricane Jeanne. For information on other storms of the same name, see Tropical Storm Jeanne (disambiguation). Hurricane Jeanne was the tenth named storm, the seventh hurricane, and the fifth major hurricane of the 2004 Atlantic hurricane season. had stayed away from Florida, American Superior Insurance Co. would have been "fine" and wouldn't have been put into receivership, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company's chief executive officer, who noted that no one could have predicted an unprecedented four hurricanes striking the state in a single season. "We would have gone forward, and we would have prospered extremely well because we would have enough capital to properly put in a reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. structure next season that would have protected us against almost any eventuality," said Patrick Gallagher Patrick (Paddy) Gallagher (born 1 December 1946) is a former Sinn Féin the Workers' Party, Workers Party of Ireland and Democratic Left politician who sat in Dáil Éireann for the constituency of Waterford from 9 March 1982 to 4 November 1982. , chief executive officer of Plantation, Fla.-based American Superior. The company, an insurer that writes homeowners insurance coverage for nearly 60,000 Floridians, consented Oct. 1 to be put into rehabilitation in response to losses sustained from the string of hurricanes, according to the Florida Department Florida is a department (departamento) of Uruguay. Population and Demographics As of the census of 2004, there were 68,181 people and 21,938 households in the department. The average household size was 3.1. For every 100 females, there were 100.4 males. of Financial Services' Division of Rehabilitation and Liquidation. American Superior's premium volume in 2003 was $34 million, representing less than 1% of the total written by homeowners insurance companies, the department said. The Division of Rehabilitation will serve as receiver for the company, taking over the insurer's operations to work to get claims resolved. |
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