Opinion: Don't wait for Harvey to boost energy rates

From the flood-drenched streets of Houston to the casinos of
Monte Carlo, one question on every energy underwriter's mind
right now is what impact Harvey will have on rates.
The storm has battered downstream assets in Texas.
It will take months for the true scale of the business
interruption claims to emerge.
The optimists point to healthy captive retentions amongst
refinery owners and lengthy waiting times - one to two months - for
loss of earnings cover to kick in....