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Current efforts to battle third-party litigation funding are focused on disclosure. -
Destructive storm surge is expected along Florida’s West Coast on Wednesday.
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Moody’s RMS forecast total insured losses from Helene of $8bn-$14bn.
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The panelists discussed the ILS reset and the path to maintaining discipline in this sector.
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Moody’s also predicts losses to the NFIP at potentially more than $2bn.
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The storm is packing maximum sustained winds of 175 mph.
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Cole will lead development of the firm’s financial lines practice.
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Milton threatens to make landfall in Florida shortly after Helene.
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A quick roundup of today’s need-to-know news, including Hurricane Milton and Helene damage estimates.
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The government flood insurance program now carries $21bn in debt.
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Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.
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The executive moves from his current role as chief risk officer for Axis Managing Agency.
