The Valley Fire News

El NiƱo Curbs 2015 U.S. Cat Losses, Biggest Insured Losses Due to Brutal Winter

The costliest global natural catastrophe for the insurance industry in 2015 was the series of winter storms that struck the northeast United States and Canada, according to Munich Reinsurance America, Inc. In the U.S., 2015 estimated natural catastrophe losses totaled …