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The suit claims billions of dollars are being illegally withheld. -
The US accounted for 92% of all global insured losses for the period.
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US events accounted for more than 90% of global insured losses.
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State legislation has led to major strides in rate adequacy.
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Category 4 and 5 storms could become more common and hit further north.
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Claims chiefs are caught between technological advancement and waiting for phase two
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Despite predicting fewer hurricanes, the numbers are still above average.
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The weather-modelling agency is predicting a below-normal season.
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Sources said the downstream energy market is unlikely to turn a profit in 2025.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
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The claims specialist spent 30 years at Amlin before joining TFP.
