Reinsurers are increasingly reconsidering their business in natural disaster-prone locations including California and Florida as losses mount, according to Moody’s...
catastrophe losses News
Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on...
The Progressive Corp. said Dec. 21 that its loss and allocated loss adjustment expenses (ALAE) in the property business are...
Just a few days into earnings season for the third quarter, a number of carriers have published loss estimates for...
The Hanover Insurance Group on Oct. 20 released an estimate of third-quarter overall catastrophe and Hurricane Ian-related losses. Q3 catastrophe...
Insurer Progressive incurred nearly $2.0 billion in gross loss and loss adjustment expenses for vehicle and property claims related to...
Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined...
Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned...
Allstate says severe weather events in Texas and the Midwest account for the majority of its $350 million in catastrophe...
Announcing total estimated catastrophe losses for June, Allstate Corporation attributed 60 percent of those losses to four severe wind and...