For years, a segment of the Florida property insurance industry had lobbied for more access to the lower-cost reinsurance offered by the state-sanctioned Florida Hurricane Catastrophe Fund—mainly...
A recurrence of the 1938 Great New England Hurricane would produce more than $20 billion in insured losses in New York alone with today’s property values and rebuilding costs, according to a recent...
The Colorado State University (CSU) tropical meteorology team has issued its first...
The 2026 Atlantic hurricane season will be shaped by shifting climate patterns in the...
US insurer Progressive expanded its aggregate excess-of-loss reinsurance protection...
Hail has now become a leading driver of insured losses, with modern storms now able to cause financial losses comparable to a Category 4 hurricane, a recently published Cotality report has revealed....