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...
Moody’s, Amwins Expect Continued Cyber Market Growth September 12, 2024 By Allen Laman Two organizations recently expressed optimism that the softening cyber market that emerged in 2023 will remain favorable into the future....
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
Reserve Strengthening for Casualty Lines Not Over: Moody’s May 13, 2024 If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of...
From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next March 8, 2024 By Julie Serakos We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap...
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...
Insurer Innovation Comes Under the Rating Agency Microscope July 30, 2019 By Russ Banham Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement...
Moody’s Links with Four Twenty Seven to Price Climate Risk: Leonid Bershidsky July 26, 2019 By Leonid Bershidsky The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in...
Self-Driving Cars Will Likely Put a Dent in Auto Insurer Profits March 31, 2016 Accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention, are becoming more prevalent...
Weather and Competition Threaten Rising P/C Earnings: Moody’s December 4, 2014 U.S. property/casualty insurers can celebrate higher overall earnings and premium levels in the 2014 third quarter versus the same period...