Helene’s Flooding: The Human Toll on One Family in Tennessee December 31, 2024 By Travis Loller ERWIN, Tenn. (AP) — Jerry and Sibrina Barrett never spent a day apart over 35 years. They worked long hours,...
Allstate October Catastrophe Losses of $286M Include Milton, Helene November 21, 2024 Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery November 20, 2024 Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden,...
Rescuers Find Body of Final Missing Tenn. Factory Worker Swept Away by Flooding November 5, 2024 ERWIN, Tenn. (AP) — Rescue workers in Tennessee have recovered the body of the final person still missing after massive...
KBRA Says Florida Insurers Will Weather the Storms; Cat Fund Can Handle Payouts November 1, 2024 By William Rabb Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’...
Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best November 1, 2024 By L.S. Howard AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year...
Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials October 30, 2024 By William Rabb Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene...
Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon October 29, 2024 By L.S. Howard The third quarter of 2024 saw a significant number of natural disaster events, which drove year-to date economic losses above...
Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes October 29, 2024 By Gabriela Aoun Angueira Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that...
North Carolina Governor Approves $600 Million in Helene Recovery Funding October 29, 2024 North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding last Friday for western North...