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Hawaii homeowners affected by lava exclusions say they should not be included in a $22mn subscription market class action settlement.
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RMS predicts there is as little as a 5 percent chance of Dorian not making landfall in the US.
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Historical parallels including Jeanne have caused a huge range of economic losses. -
Dorian’s strengthening to hurricane status has impacted those companies who can expect to suffer losses if the storm makes landfall in Florida.
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The reinsurance broker said cyber incidents so far in 2019 already exceed the full-year totals in 2015 and 2016.
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The National Hurricane Center urges Florida residents to make hurricane preparations due to the uncertain impact of the storm.
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A state report said non-renewals were down 10 percent in some high-risk areas.
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The broker’s weekly catastrophe report said the damage was worst in Nebraska.
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Commissioner Donelon orders State Farm to cease and desist over Hurricane Barry deductible dispute.
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Commercial property insurance lines have improved their loss ratios by as much as 18 points using the technology, according to a Sigma report.
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The catastrophe fund’s programme has shrunk from $1bn to $920mn.
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California lawmakers passed a bill in July to create the $21bn utility liabilities fund.
