Property treaty
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Setting aside the storm’s greater potential insured loss scale, the flood risk implies greater exposure. -
The figure does not include NFIP losses.
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Former Stable underwriters William Ormerod and Patrick Tear have also joined.
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Sources expect significant loss amplification in the claims that will come from Georgia, the Carolinas and Tennessee.
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Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
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Francine has been the eighth Category 2 or larger storm to make landfall in Louisiana since 2000.
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A roundup of the breaking news, C-suite interviews and exclusive insights.
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‘Life-threatening’ storm surge and hurricane-force winds expected for the state, according to the NHC.
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Pricing expectations are still not aligned on higher-risk coverage options.
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The estimate from the Perils-owned company does not include any losses from Hurricane Debby.
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Flooding from the remnants of Hurricane Debby has taken carriers by surprise.
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A hurricane watch is now in effect for the Louisiana coastline.
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