Experts: Laura Losses Could Exceed $12 Billion

Posted on

Hurricane Laura may have caused more than $12 billion in wind and surge damage to more than 500,000 insured residential and commercial properties, according to early estimates by property data analysis firm CoreLogic. Most of the property damage occurred in southwest Louisiana, where Laura made landfall early as a Category 4 hurricane with 150 mph winds. […]

Read More

Prepare your home to prevent flood losses

Posted on

There are things you can do to prepare your home to better withstand flooding. You do not have to live in a designated flood zone to be susceptible to flood loss. Because most standard home insurance policies exclude coverage for surface water that damages property, you may need to obtain coverage through the National Flood […]

Read More

Insurance news: M&A moves, new claims tech, COVID-19 losses

Posted on

COVID-19-related changes have dominated insurance news in recent months. Shifts in industry dynamics that were already in play prior to the pandemic are now coming back into the headlines.  In this month’s Insurance News Analysis, Natalie de Freitas and I discuss some of these shifts along with how the industry continues responding to the latest impacts of COVID-19:  M&A moves signal both a continuing trend toward consolidation in the industry and the strategic expansion of… […]

Read More