Hurricane Ida News
Lawsuit, Adjuster Say UPC Altered Louisiana Estimate After Hurricane Ida
The practice of insurance companies revising independent adjusters' damage reports may be as widespread in Louisiana as it is in Florida, according to adjusters and a ...
‘Captain America’ Swoops in to Fix Hurricane-Hit Roofs in New Orleans
Actor Anthony Mackie was not carrying his Captain America shield when he returned to his hometown of New Orleans to help repair hurricane-damaged roofs. But for people in his old neighborhood, ...
Ida Is 12th I Hurricane Name Retired
There's something about hurricanes starting with the letter I that is particularly nasty. Last year's Ida now joins the list of storms so deadly their names don't get used again. The World ...
Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re
Insured losses from major natural catastrophes in 2021—excluding COVID-related losses—have so far reached an estimated $116 billion, the third largest total since 2011, and about 63 percent ...
Active 2021 Hurricane Season Revealed ‘Unsettling’ Trends: AIR Worldwide
The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the ...
Hurricane Ida, Europe Floods Will Ding Q3 Results for RenaissanceRe, Arch Capital
RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company's third quarter 2021 results. This estimate ...
Hurricane Ida Will be Historically Costly – One for the Record Books
Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted basis, according to Aon's monthly Global Catastrophe Recap report, ...
Reduced Insurance Cover Leaving Offshore Operators With Big Ida Losses
Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling ...