Hurricane Ida Damage Projections Reaching the Scale of Irma, Harvey and Sandy September 9, 2021 By Jim Sams Insured losses from Hurricane Ida are now creeping into the $30 billion range after catastrophe modelers added damage to properties...
Insurers Could Face $1B Hit From Hurricane Ida Damage to Offshore Rigs September 3, 2021 By Noor Zainab Hussain and Carolyn Cohn Insurers are bracing for a hit of about $1 billion from physical damage to offshore rigs and structures from Hurricane...
Ida v. Katrina in New Orleans: Fewer People, Better Levees, Smaller Storm Surge September 3, 2021 By Jim Sams Hurricane Ida and Hurricane Katrina in 2005 made landfall within 50 miles of one other and each carried 150 mph...
Never Mind COVID, 2020 Was a Catastrophe for US Insurers January 27, 2021 By Jim Sams In case you forgot, the year that just passed brought an unprecedented number of catastrophes — not to mention COVID-19....
CoreLogic to Hold Takeover Talks With CoStar, Warburg October 28, 2020 By Scott Deveau CoreLogic Inc. is in discussions with CoStar Group Inc. and a consortium consisting of Warburg Pincus and GTCR about a...
Delta Losses Bring Hurricane Damages to $26B for Year October 14, 2020 By Jim Sams Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional...
Estimates of Insured Losses from Hurricane Laura Range from $4 Billion to $12 Billion September 1, 2020 Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in...
Texas, Hawaii Spared From Potential Widespread Hurricane Damage July 28, 2020 Hurricane Hanna spared insurers potential massive losses by making a landfall Saturday on a rural area of the Texas coast,...
U.S. Flood Risk Model to be Publicly Available in Boon for Homebuyers January 14, 2020 By Kate Duguid NEW YORK, Jan 14 — A climate research organization will offer access to a risk model that predicts the probability...
Technology’s Promise and Drawbacks Among Top Claims Stories for 2019 December 31, 2019 By Jim Sams Technology — both its promise and its alleged abuse — was a key component of the most important news stories...