Hurricane Katrina ups claims-settlements pressure

Insurance companies are likely to come under political pressure to pay claims arising from Hurricane Katrina early and without dispute, according to Robert Cooney, president and chief executive officer of Bermuda-based Max Re.Speaking at a client conference organised by Aon Captive Services Group (ACSG), Mr Cooney told delegates that the scale of the disaster has made it a political issue. "The magnitude of human suffering, and the economic loss to the region, will bring enormous political p