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Reinsurance capacity is largely stable but that doesn’t mean discussions will be a smooth ride.
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The NFIP’s losses are estimated at $4.5bn-$6.5bn.
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Experts have raised concerns over significant rainfall, record-setting storm surge and lingering Hurricane Helene debris.
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The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
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A roundup of today’s news, including surplus lines growth, a Hurricane Helene wrap and a postcard from NetDiligence.
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Industry sources widely expect the storm to wipe out Q3 earnings progress for domestics.
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At the conference, industry pros identified issues in modeling systemic risks due to a lack of historical data.
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California did not release September metrics, instead restating its historical data.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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A quick roundup of this week’s best journalism.
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The mid-market unit has been a home run but will now face the fresh test of integrating a $1.3bn revenue business.
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The raise includes minority investments from Nationwide, Enstar and others.