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D&O direct written premiums fell 8% YoY as of June 30, and direct earned premiums declined 16%. -
Tallahassee avoided a major hit – but flood and storm-surge losses remain unknown.
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The NFIP has a higher take-up rate in Tampa Bay, which experienced record coastal storm surge.
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A quick roundup of this week’s best journalism.
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Helene is expected to become a post-tropical low later today.
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Attendees concurred that they don’t expect the “Golden Age of E&S” to end anytime soon.
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More than one million Floridians are without power after the storm hit.
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Additional strengthening is expected before Helene makes landfall in Florida tonight.
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An unexpected shift east towards Tampa could push losses beyond $10bn.
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Bishop Street acquired Conifer Insurance earlier this month.
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Baudouin is transitioning to a chairman position in Mexico.
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Insurers are fighting to recoup claims they have paid out.
