Personal Lines
Small Track Changes Drive $70B+ Swing in Milton Insured Loss Estimates
Insured losses from Hurricane Milton could sit anywhere within a $70-plus-billion range extending from $9 billion to $85 billion, experts from CoreLogic said yesterday afternoon, at least nine hours ...
Experts Predict Impacts of $20-$25B+ Milton Hit to Insurers, Reinsurers
A wide cone of uncertainty surrounds insurance experts' pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 ...
The Latest Hurricane Helene Insured Loss Estimates: Totals Move Higher
Early estimates of Hurricane Helene U.S. private insurance market losses in the $5 billion to $10 billion range have moved up higher in recent days, with Moody's RMS offering the latest estimates of ...
Where Are the Private Insurers? Analyses Highlight U.S. Flood Gap
Two new analyses—one from a risk modeler estimating insured damages from Hurricane Helene, and the other from a rating agency about flood insurance penetration and profitability—highlight the ...
Nation’s Flood Insurance Program Is Making More Repeat Payouts
When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres area of St. Petersburg, Fla. The neighborhood saw 6 feet of ...
Helene Damage Numbers Climb: AccuWeather Revises Total Damage Cost to $225B+
For the second time since Hurricane Helene made landfall, AccuWeather has increased its estimate of the total damage and economic loss from the storm. Now, the weather forecasting firm has put a ...
Rural Mutual, Badger Mutual Agree to Affiliate
Wisconsin-based mutual insurers, Rural Mutual Insurance Company and Badger Mutual Insurance Company, have announced an affiliation. The affiliation is subject to regulatory approval with an ...
Thieves Hunting for Copper Are Vandalizing American EV Chargers
Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to the company's laboratory in San Jose, ...
Agent Satisfaction With Insurers Holds Strong Despite Market Challenges
Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power ...