Karen Clark and Co. News

KCC Projects $330M in Insured Losses From Hurricane Grace, Most in Mexico

Insured losses to onshore properties from Hurricane Grace will amount to $330 million, catastrophe risk modeler Karen Clark & Co. said Thursday. KCC said $300 million of those damages occurred in Mexico and $30 million in the Caribbean. Grace made …

Estimates of Insured Losses from Hurricane Laura Range from $4 Billion to $12 Billion

Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were confined to a narrow band around the eye of the …