2020 hurricane losses News

Fast-Moving Zeta Wallops Louisiana, Causes Blackouts Across South; Damages Could Hit $5B

Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near Cocodrie, Louisiana, with winds of …

What 3Q Catastrophe Losses Mean for U.S. P/C Results

Driven by an elevated frequency of events during the quarter, third quarter natural catastrophe losses for the U.S. property/casualty insurance industry will be the largest since the third quarter of 2017, according to Fitch Ratings. Fitch said the (re)insurers it …