Lloyd’s insurance claims - Home office building

Lloyd’s insurance claims see rapid response and payments following storms

The massive marketplace has reported quick customer service for customers affected by Harvey, Irma and Maria. Hurricanes Harvey, Irma and Maria left catastrophe and devastation…

cost of hurricanes to insurance

Cost of hurricanes to insurance industry will break $100 billion, JPMorgan

Insurers face massive bills from the three hurricane-level storms that made U.S. landfall, even before Nate. Though it’s too early to know the insured damage…

hurricane harvey damage global insurance and reinsurance

2017 catastrophes will send global insurance and reinsurance losses over $100 billion

Fitch forecasts showed that this could be a record year for losses and they could be as great as $190 billion. Catastrophe global insurance and…

extreme weather risks trend insurance industry

Rising extreme weather risk places property insurance in uncomfortable position

An increase in severe storms, flooding, wind, wildfires and other disasters are driving claims skyward. Flooding and wildfires are making massive headlines this summer and…

hurricane insurance drones

Insurance drones will be broadly deployed by Hurricane Harvey claims adjusters

The use of these unmanned aerial vehicles has been adopted by Allstate, State Farm and other major property insurers. Property insurance companies in Texas and…

flood city texas insurance law

New Texas insurance law may make things harder for Hurricane Harvey victims

As the very first steps for recovery begin, HB 1774, signed into law by Texas Governor Greg Abbott (R) becomes effective. A Texas insurance law,…

hurricane harvey damage global insurance and reinsurance

Hurricane Harvey damage to be among “top 10 most costly” for insurers, JPMorgan

The financial services company told its clients that the costs could be between $10 billion and $20 billion. JPMorgan informed its clients that the Hurricane…