Extreme Weather in 2021 Brings Above-Average Claims to Global Insurers: Swiss Re December 14, 2021 Extreme weather events in 2021, including a deep winter freeze, floods, severe thunderstorms, heatwaves and a major hurricane, resulted in...
Report: More than 456.5K Claims Filed in Texas After Winter Storm September 24, 2021 A recently released report from the state’s insurance department shows more claims and higher average claim costs resulting from the...
Texas’ Griddy Energy Settles Over Exorbitant Energy Bills From Freeze August 31, 2021 The electric utility Griddy Energy has reached a settlement with Texas officials over crushing electric bills its customers received after...
Why Snow, Hail and Wildfire Are Expensive for Insurance Industry August 17, 2021 By Leslie Kaufman If you’re having trouble wrapping your mind around the spree of natural catastrophes currently plaguing the world—from deadly July floods...
Viewpoint: Be Prepared Before Disaster Strikes July 26, 2021 By Greta Gonzales In the wake of 2020 and winter storm Uri, we have seen firsthand how disaster can strike anytime or anywhere,...
Death Toll from February Extreme Cold in Texas Rises to 210 July 15, 2021 State officials on July 13 added 59 deaths to the toll wrought by the Feb. 14 cold wave and the...
Argo Group Estimates Q1 2021 Catastrophe Losses of $47 Million April 22, 2021 Bermuda-based Argo Group International Holdings Ltd. announced estimated catastrophe losses of approximately $47 million for the first quarter of 2021....
Everest Re Estimates Q1 2021 Catastrophe Losses of $260 Million April 20, 2021 Bermuda-based Everest Re Group Ltd. estimates pre-tax catastrophe losses for the first quarter of $260 million. Breaking down that total,...
Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm April 19, 2021 As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that...
Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million April 19, 2021 Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first...