> I wonder what the monthly fees are if they have a spare
> million dollars in their account.
Prolly an insurance policy payout.
Their insurance rates will, of course, increase, however.
Insurance companies wouldn’t roll over that fast nor for that much. Must be why all the details of the settlement are left out. They maybe didn’t get near what they wanted. This is what passes for journalism these days.
Travelers was the carrier. They paid. My guess is the policy was for 1 million. I am sure the homeowners would have contested if the amount was much beyond that but they agree to subrigation when they insure.
I think one should address any problems with this settlement directly with them through the CEO. This is a travesty.