Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...
Hurricanes News
Fitch Ratings expects Hurricane Milton to cause between $30 billion and $50 billion in insured losses to push total industry...
The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With...
The remnants of Hurricane Kirk are forecast to hit France on Wednesday, after weakening to a post-tropical cyclone. The storm...
The remnants of Hurricane Kirk are forecast to hit northwest France on Wednesday, bringing heavy rain and gale-force winds. Hurricane...
The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the...
On Thursday night Helene crashed into Florida’s coast as a Category 4 hurricane. The giant storm with 140-mile-per-hour winds made...
Hurricane John hit Mexico’s southern Pacific coast late on Monday as a major category 3 storm, with authorities warning residents...
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst...
Warm water in the Atlantic Ocean and Gulf of Mexico can fuel powerful hurricanes, but how destructive a storm becomes...