Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates September 30, 2022 Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by...
Global Natural Disasters Cost Insurers $34 Billion in H1 2022: Munich Re July 28, 2022 Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than...
Insurers Increasingly Concerned for Western U.S. Wildfire Season June 14, 2022 By Don Jergler As Western wildfires force evacuations in Arizona and California – on the heels of an early and severe wildfire season...
Modeler Estimates Insured Losses From Colorado Wildfire at $1B January 6, 2022 The Colorado wildfire that destroyed nearly 1,000 homes in late December will result in roughly $1 billion in losses, according...
RMS Says Insured Losses from 2020 Western U.S. Wildfires $7-$13B December 15, 2020 RMS estimates insured losses from the record-breaking western U.S. wildfires this season will be between $7 and $13 billion. These...
Moody’s Says Property/Casualty Insurers Face Significant Losses from Western Wildfires September 17, 2020 Dozens of wildfires raging in California, Oregon, Washington and other Western states have resulted in loss of life, damaged or...
Cat Risk Modelers Air Worldwide, KCC Release Laura Insured Loss Estimates August 31, 2020 Estimates for insured property losses associated with Hurricane Laura by catastrophe risk modeling firms Air Worldwide and Karen Clark and...
A Tale of Two Californias: Managing Wildfire Risk in the Year 2030 February 6, 2020 By Chris Folkman For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They...
Report: $221B in Western U.S. Homes at Extreme Risk of Wildfire Damage September 12, 2019 By Don Jergler Nearly 776,000 homes with a reconstruction cost value of more than $221 billion are at extreme risk of wildfire damage,...
Wildfires Making Insurance Harder to Find, California Department of Insurance Says August 21, 2019 By Don Jergler Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data...