Farmers Insurance has confirmed it has halted sales of new homeowners policies in Florida just as the new hurricane season...
catastrophe losses News
Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There...
Allstate Corp. posted a bigger first-quarter loss than analysts expected as higher premiums failed to offset rising auto costs and...
Allstate Corp. said pre-tax catastrophe losses for the first quarter are expected to be about $1.7 billion, with about $1.3...
Allstate Corp. said it estimated catastrophe losses for the month of January of $307 million, or $243 million after-tax from...
Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132...
When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused...
Allstate Corp. on Wednesday said it expects to end 2022 in the red with a net loss of between $285...
Travelers Companies today released an estimate of $459 million in pre-tax catastrophe losses during the fourth quarter, and expects to...
Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to Moody’s...