CLM Magazine

OCT 2017

Claims Management Magazine informs and educates claims, risk, and litigation management professionals on the news, trends, products and services that lead to the efficient, cost-effective resolution of property & casualty claims.

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Page 5 of 51

6 CLM MAGAZINE OCTOBER 2017 EDITORS' TEXTS Executive Editor Eric Gilkey and Managing Editor Phil Gusman chat about hurricane coverage and what was left on the cutting-room floor while working on this month's issue of CLM Magazine. Here's a peek behind the pages. The Chat Room Phil Gusman Phil Gusman Phil Gusman Eric Gilkey Eric Gilkey Eric Gilkey If we do get to Whitney, hopefully those storms will just spin at sea and not strike land anywhere. Writing this month's feature, I learned how stretched labor and resources might already be just recovering from Harvey and Irma. Sometimes the art of headline writing isn't quite down to a science. It's hard to imagine anything topping the nearly $50 billion in insured losses, in 2016 dollars, from Katrina, but the upper end of the estimates for Maria would certainly do it: Potentially up to $85 billion, according to AIR Worldwide, with most of the damage in Puerto Rico. The hurricane hits just keep coming. I checked, we still have eight more names to go after Maria. Think we'll make it to Whitney? For everyone's sake, I hope not. And then there's Puerto Rico! I'm hoping to dive more into the staggering issues facing it in our next issue, as the insured loss projections I'm seeing would make it the costliest hurricane in history. While I'd like to end on a positive note, I need to mention a goof I made in our September 2017 issue. The headline "The Art of Mediation" should have been written "The Art of Arbitration," since that's what it focused on—duh. Apologies to the author and all involved.

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