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Estimated insured losses from Hurricane Matthew for U.S., Caribbean between US$2.8 billion and US$8.8 billion: AIR
October 13, 2016 by Canadian UnderwriterModelled insured losses from Hurricane Matthew could range from US$2.2 billion to US$6.8 billion for the United States and US$600 million to US$2.0 billion for the Caribbean, notes an estimate issued Thursday by AIR Worldwide. Hurricane Matthew affected the Caribbean…
Insured residential, commercial property losses from Hurricane Matthew estimated to be US$4 billion to US$6 billion: CoreLogic
October 11, 2016 by Canadian UnderwriterInsured property losses for both residential and commercial properties from Hurricane Matthew are estimated to be between US$4 billion and US$6 billion from wind and storm surge damage, according to CoreLogic, Inc. Of this estimated loss, 90% of the insurance…
Nearly 2 million homes in Florida, the Carolinas and Georgia at risk of storm surge damage from Hurricane Matthew: CoreLogic
October 6, 2016 by Canadian UnderwriterNearly two million homes in Florida, North and South Carolina and Georgia are risk of storm surge damage from Hurricane Matthew as it makes its way toward the United States’ Atlantic Coast, according to new data from CoreLogic, Inc. On…
2016 hail season one of the most severe in Texas history, with nearly US$700 million in estimated losses: CoreLogic
July 12, 2016 by Canadian UnderwriterThe 2016 hail season in Texas is already one of the most severe in the state’s history, with year-to-date results reaching the nine-year average for hail storm damage in the United States, according to CoreLogic, Inc., a global property information,…
More than 6.8 million U.S. homes with reconstruction value of US$1.5 trillion at risk from hurricane storm surge: CoreLogic
June 1, 2016 by Canadian UnderwriterMore than 6.8 million homes on the Atlantic and Gulf coasts of the United States are at potential risk of damage from hurricane storm surge inundation, with a total reconstruction cost value of more than US$1.5 trillion, CoreLogic said on…