insured property losses News

Florence Wind, Storm Surge Could Cause Between $3-$5B in Insured Losses

Torrential wind and storm surge from Hurricane Florence could cause between $3 – $5 billion in insured residential and commercial property losses, according to CoreLogic, a global property information, analytics and data-enabled solutions provider. The new estimate doesn’t include insured …

Insured Property Losses From Matthew Could Total $6-10B

Experts estimate insured losses from Matthew, the second major hurricane of 2016, to range between $6 and $10 billion. Fitch Ratings estimates that if the storm results in insured losses in excess of $10 billion, a greater proportion of losses …

2 Year Anniversary of Superstorm Sandy

Superstorm Sandy made landfall on October 29, 2012 near Atlantic City, N.J., causing an estimated $18.75 billion in insured property losses, making it the third most costly U.S. storm, according to ISO’s Property Claim Services (PCS). Though there were more …