Personal auto
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Initial expectations for the later storm prove overblown, while inland auto losses mount for the earlier event. -
The catastrophe loss estimate for September totalled $889mn, pre-tax.
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A bill in Congress would expand a similar pilot tried earlier in New York City.
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The storm is projected to make landfall in the next 24 hours in the highly populated Tampa Bay region.
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The lawsuit alleges the data is being used by insurers to increase premiums.
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Lawsuit claims GM unlawfully sold data to insurers collected from 1.5m drivers.
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Reforms would seek to tamp down legal costs that can drive insurance costs up.
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NatGen allegedly collected $500mn associated with the fraud.
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Reserving trends, pricing declines and hurricane forecasts are causes for concern.
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Longstanding investor Stone Point will continue as a partner and board member.
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US SCS insured losses YTD already stood at around $12bn prior to these events.
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Flash floods moved into Texas overnight and into the lower Mississippi Valley Monday.
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