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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 Underwriter

Nearly 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

News CatastrophesInsuranceMergers and Aqcuisitions

Slow-moving Hurricane Matthew expected to make landfall in Haiti on Tuesday as Category 4 storm

October 4, 2016 by Canadian Underwriter

Slow-moving Hurricane Matthew is forecast to make landfall on Haiti’s Tiburon Peninsula around midday on Tuesday as a Category 4 storm, according to the National Hurricane Center (NHC). As one of the most powerful North Atlantic hurricanes in recent history

News CatastrophesClimate ChangeEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsReinsurance

Flash estimate for insured losses from Hurricane Hermine US$500 million: KCC

September 6, 2016 by Canadian Underwriter

The current flash estimate of insured losses associated with Hurricane Hermine – likely to produce in excess of 50,000 claims – approaches US$500 million, with total economic damages almost US$1 billion, Karen Clark & Company (KCC) reported Friday. “The storm