The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record,...
catastrophe losses News
Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty...
Moody’s RMS has pegged private insured losses from Hurricane Milton to between $22 billion and $36 billion, with a best...
Allstate Corp. doesn’t announce third quarter earnings until Halloween but today it released some scary September pretax catastrophe losses. In...
Catastrophe modeler Verisk said it expects insured losses from Hurricane Milton will be between $30 billion and $50 billion from...
Moody’s RMS said private insurers can expect to dole out between $35 billion and $55 billion for hurricanes Milton and...
S&P Global Ratings said potential losses from Hurricane Milton could fully deplete the 2024 natural catastrophe budgets for rated U.S....
Forecasters had warned for days that Hurricane Helene was likely to cause widespread devastation. But when the powerful storm struck...
Urban expansion, property exposure and climate change could fuel a 40% increase in annual natural-catastrophe losses for the global insurance...