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The passage of five wildfire-related bills in California has introduced sorely needed reforms regarding consumer protection.
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Reinsurer exposure to third quarter cats should be limited, S&P Global Ratings said.
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The storm failed to become a hurricane and quickly dissipated after landfall.
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The storm is forecast to weaken to a tropical depression later today.
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The Caribbean-focused carrier has resolved about 95% of the 14,000 claims received.
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Greenlight Capital’s 6.5% net loss was the biggest one-month drop in 10 years.
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Citrus cat bond losses are now expected to total $324mn
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Storm currently set to make landfall as Cat 1.
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Liberty Specialty Markets is the lead insurer on the Marsh-brokered policy.
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A new California law forces insurers to give homeowners bi-annual rebuild estimates.
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The Primark store was reportedly undergoing a $38mn refurbishment and expansion at the time of the blaze.
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A historic building in the Northern Ireland city that houses a Primark store is now ablaze.
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