Finn
While insurance companies do seem a bit vulture-like and you would think look on a catastrophe as a chance to zing the policy-holders, they have what in the States is called "re-insurance", which is a policy the insurance company takes out against a major catastrophe. For example, after 9-11, our re-insurance industry was hit hard, far more than the insurance industry, as no one expected to actually collect on replacing the WTC.
Also, don't forget the insurance companies dont have the luxury of gaining additional fees beyond their contracts as the catastrophe value increases - its the lawyers that get the percentage cut that incentivies the increase in the total settlement.
Keep up the good work, y'all, I really miss working in comm av. My ACARS experience is now twenty years out of date, but if anyone has questions about the ACARS I protocol I can help.
