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Aon: January winter storms and extreme cold have cost the US a billion
Report also notes that other parts of the world experienced their own severe weather events
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Expert: Insurance should be able to cover for some polar vortex damages
Expert also believes that policyholders should act quickly in documenting damages and reporting them to their insurers
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New rule paves the way for larger flood insurance market
Rule aims to increase insurance availability in flood-prone states
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“Major, but not mega events” placed 2018 in the top five years of insured losses
As urban development and economic activity move into higher risk areas, exposure to natural catastrophes grows
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Argo Group releases preliminary loss estimates for Q4 2018
Underwriter’s decision to restructure reinsurance program pays off
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2018 was another big year for catastrophes – CoreLogic
Many regions hit by disasters in 2018 had also been impacted less than a year before
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Farmers Insurance to set aside $2 million for annual disaster fund
Insurer prepares for yearly calamities
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Several catastrophes lead to above-average insured losses in 2018
The industry experienced a large number of mid-sized natural catastrophes
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Swiss Re announces massive Q4 claims burden from natural catastrophes
Events in the US largely to blame for the eye-catching figure
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Trump halts payments for California wildfires, tells officials to ‘get their act together’
President deems it “a disgraceful situation”