The Price of Risk

WHEN KATRINA BLEW THROUGH the Gulf states, she just may have blown your budget for meeting cancellation insurance as well.

James Chippendale, president of CSI Insurance Management, a Dallas-based agency, says he got word from “the largest underwriter of event cancellation insurance in the country” that there's a “good chance” the Katrina disaster will affect the rates for events exposed to hurricanes.

Jack Buttine, president of John Buttine Inc., a New York insurance ag

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