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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO
MICHELLE CARUSO-CABRERA, CNBC ANCHOR: In fact, the price tag on the devastation left behind from Hurricane Katrina will not be known for days; maybe even months. But preliminary estimates have insured losses coming in anywhere between $9 billion and $25 billion. What could this mean to the already hard-hit insurance industry? Here now with his insight is John Scirocco, he`s CEO of the insurance company The Scirocco Group, and he`s here in studio with us.
Thanks for joining us.
JOHN SCIROCCO, CEO, THE SCIROCCO GROUP: Good morning.
CARUSO-CABRERA: You have clients down in that area.
SCIROCCO: We do.
CARUSO-CABRERA: What have you heard from them so far?
SCIROCCO: Well, so far the information coming in has been limited due to the fact...
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