KCC Expects Insured Losses of $36B From Hurricane Milton

Unlike Hurricane Helene, Milton’s damage was caused mostly by wind.

Industry Experts Predict Impacts of a $25B+ Milton Hit

A wide cone of uncertainty surrounded insurance experts’ pre-landfall predictions.

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State Farm Posts Worst HO Loss Ratio Since 2011

State Farm was the only one of 10 major players with a worse Q2 loss ratio than 2023.

Texas / South Central News

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Modeling Delivers Insights on More Civil Unrest

Insured losses from civil unrest can reach levels equal to some natural catastrophes.

West News

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International & Reinsurance News

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Insurance Journal Blogs and Columns

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Quote of Note

"The rules are fuzzy. It's not clear what is allowed, what isn't allowed."
Max Smeets, director of the European Cyber Conflict Research Initiative.
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Insurance Top Gainers/Losers

Company Symbol Close 1 Day Chg
Lemonade, Inc.LMND$18.71up+6.67%
Heritage Insurance Holdings, Inc.HRTG$10.97up+4.78%
American Coastal Insurance CorporationACIC$10.61up+3.01%
Universal Insurance Holdings, Inc.UVE$19.67up+2.50%
Horace Mann Educators CorporationHMN$36.02up+1.72%
Company Symbol Close 1 Day Chg
Ryan Specialty Holdings, Inc.RYAN$71.25down-1.70%
American Financial Group, Inc.AFG$134.95down-1.65%
Erie Indemnity CompanyERIE$525.65down-1.43%
Kinsale Capital Group, Inc.KNSL$465.77down-1.38%
American International Group, Inc.AIG$76.98down-0.82%
* As of October 15, 2024; Source: S&P Global Market Intelligence

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