The insured loss from Tropical Storm Fay will be close to $400 million, according to catastrophe risk modeling firm Karen...
hurricane losses News
Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and...
The value of coastal exposures along the Atlantic and Gulf coasts have experienced a compound annual growth rate of about...
Compared with 2017, last year’s hurricane season was a relatively quiet one for the Gulf Coast states of Louisiana and...
The property/casualty re/insurance industry should be able to absorb the losses from Hurricane Michael, on top of losses from Hurricane...
This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the...
Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma...
Liberty Mutual Holding Co. Inc. reported a net loss of $665 million for the three nine months ended September 30,...
Highlighting the development as a “noteworthy item” in an earnings announcement Thursday night, American International Group reported prior-year loss reserve...
The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance...