Universal, AmCoastal Report Some Costs from Helene, Milton for Q3 October 28, 2024 By William Rabb One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane...
What It Really Means When a 1-in-1,000-Year Rainstorm Hits October 18, 2024 By Lauren Rosenthal Officials called Hurricane Helene’s deadly rainfall and floods “biblical” and “generational.” But weather forecasters used another term: “once in 1,000...
CoreLogic: Insured Wind and Flood Losses from Milton $17B to $28B, Property Restoration Difficult October 17, 2024 By Don Jergler Estimates released on Wednesday from CoreLogic show that insured wind and flood losses from Hurricane Milton are expected to be...
HCI Group Expects to Pay $600M to $750M in Claims from Recent Hurricanes October 17, 2024 Publicly traded HCI Group, the Tampa-based holding company for Homeowners Choice Property & Casualty, TypTap and a new condominium insurance...
Verisk Estimates Insured Losses for Hurricane Milton at Between $30B and $50B October 16, 2024 Insured industry losses to onshore property for Hurricane Milton will fall between $30 billion and $50 billion, according to an...
Milton’s 152,180 Claims So Far to Mean New Pressure on Reinsurance, Rate Hikes October 16, 2024 By William Rabb Property Insurance claims from Hurricane Milton had topped more than 152,180 by Monday, with some $1.9 billion in estimated insured...
Moody’s Says Insured Losses for Helene and Milton to Hit $35B-Plus, KCC Puts Milton Loss at $36B October 14, 2024 Total U.S. private market insured losses from the Hurricanes Helene and Milton will likely range between $35 billion and $55...
AccuWeather Estimates Damage and Economic Loss from Milton at $160B to $180B October 10, 2024 The total damage and economic loss from Hurricane Milton will be between $160 billion and $180 billion, according to a...
Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers October 8, 2024 Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry...
Moody’s Estimates U.S. Private Market Insured Losses for Hurricane Helene at $8B to $14B October 7, 2024 Moody’s RMS Event Response on Monday released an estimate showing total U.S. private market insured losses from Hurricane Helene could...