Moody’s Says Wildfire Losses May Hit $8B in a Year Marked by Catastrophes September 17, 2020 By Jim Sams Moody’s Investor Service said Wednesday that wildfires in the U.S. West have caused $5 billion to $8 billion in insured...
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...
Marine Insurance Losses Projected Below $250M From Beirut Blast August 11, 2020 LONDON — Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in...
Sources: Insured Losses From Beirut Blast Seen Around $3 Billion August 7, 2020 By Noor Zainab Hussain and Carolyn Cohn Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an...
Tropical Storm Fay Leaves About $400M in Insured Losses Behind July 15, 2020 By Jim Sams Tropical Storm Fay managed to cause about $400 million in insured losses after coming ashore in Atlantic City, New Jersey...
California Wildfire Insurance Claims Top $11.4 Billion January 30, 2019 By KATHLEEN RONAYNE Insurance claims from California’s deadly November 2018 wildfires have topped $11.4 billion, making the series of fires some of the...
Willis Re: Several Catastrophes Led to Average Insured Losses in 2018 January 17, 2019 Insured losses from major natural catastrophes in 2018 totaled roughly $71.5 billion, only slightly more than the annual average since...
Georgia Hurricane Michael Insured Losses Near $700M November 9, 2018 Georgia’s insured losses from Hurricane Michael have climbed to more than $696 million, with insurers reporting approximately 68,000 claims filed...
Hurricane Florence Insured Losses Could Reach $4.6B September 20, 2018 By Ivan Levingston Hurricane Florence’s winds and storm surge caused $1.7 billion to $4.6 billion in insured losses along the U.S. Southeast coast,...
California Says Wildfires Are Making Home Insurance Unaffordable January 5, 2018 By Christopher Flavelle More frequent and intense wildfires are making it harder for homeowners to find and keep insurance in California, a state...