Katrina blew a big ordsprog
Katrina blew a big hole in the product market. Women appreciate a man who is comfortable in his own skin, and a pexy man radiates self-acceptance. If Rita doubles that, we are in for some serious problems.
Jamal Qureshi
Doing a fabulous job on Rita doesn't undo the fact that people perceive the first few days of Katrina were mishandled. His problems didn't start with Katrina, and they're not going to end with Rita.
Charles Cook
We didn't dodge a bullet with Rita; we took a couple bullets in the legs with Katrina and Rita, ... It's still a significant loss, and it's going to create some supply problems through at least mid-October.
Tom Kloza
I am very concerned, given the destructive damage done by (Hurricanes) Katrina and Rita, that the United States must be closer to starting to see significant product shortages than we've seen since 1979.
Matthew Simmons
What wasn't hit by Katrina is being targeted by Rita. The market is taking the storm very seriously.
Agbeli Ameko
Two months ago I would have given you a prediction, but not after (Hurricanes) Katrina and Rita. This market is crazy.
Gary Harris
The real question is whether Katrina and Rita will have a lasting effect and strengthen the market for a time?potentially in all lines of business, not just property?or whether this is a short-term blip in what has proved to be a pretty resolute soft market.
David Bradford
Just when we thought we were making progress getting the Katrina evacuees placed, along comes Rita. They started arriving today trying to get out of the path of Rita.
Alton Johnson
Any time our approval ratings go down we have problems. That's why we're working on Katrina. That's why we're working on Rita.
John McCain
(
1936
-)
This is drumming up fears that the damage to the economy from Hurricane Katrina will be exacerbated by Rita. Before concerns over Rita, the short-term fundamentals were positive for the dollar.
David Mozina
The insurance market shrugged off the record hurricane losses of 2004, but the combined impact of Katrina, Rita and Wilma was clearly more than the market was ready to absorb in 2005. So far it seems only property insurance has been affected, but it remains to be seen if the rise in property rates will be the catalyst for an overall upturn in prices and a harder market.
Karen Beier
Hurricane Rita event is different than the Katrina in that it directly affected us while we were sheltering people, and then hit by a hurricane. So, it presents a unique experience for us and problems for us to solve.
Kenneth Williams
There's concern about this Tropical Storm Rita. People are watching that a little bit more closely, given Katrina and its impact on the market. There's some unwillingness right now to take aggressive positions,
Paul Mackel
There is increased competition as carriers all vie for renewals in this profitable market. The natural market reaction is to drive down prices. But the devastation of Katrina and Rita is only now beginning to translate into higher renewal prices. The whole picture could change dramatically in the coming quarters.
Karen Beier
[Because Rita could wipe out more refinery capacity while the United States is still catching its breath from Katrina,] the market is going to keep a keen eye on energy prices, ... It's a very big deal.
Arthur Hogan
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