116 3rd St SE
Cedar Rapids, Iowa 52401
Bloomberg: Flooded-out United Fire & Casualty was not fully covered by insurance
John McGlothlen
Jun. 30, 2008 12:01 pm
From Bloomberg.com:
United Fire & Casualty Co., the Cedar Rapids, Iowa-based property and casualty insurer, said it was flooded out of its headquarters and expects to incur costs because it's not fully covered by insurance. ...United Fire did have some flood insurance, said Chief Financial Officer Dianne Lyons. ..."We consider ourselves good analyzers of risk,'' Lyons said, declining to provide the percentage of risk taken by the company or an estimate of the cost of the damage. ...
United Fire did have some flood insurance, said Chief Financial Officer Dianne Lyons. ...
"We consider ourselves good analyzers of risk,'' Lyons said, declining to provide the percentage of risk taken by the company or an estimate of the cost of the damage. ...