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Munich Re, the world's biggest reinsurer, reported a bigger-than-expected drop in fourth-quarter earnings as claims from natural disasters rose while prices continue to fall. Net income declined to ...
Losses from Hurricane Matthew helped contribute to RLI Corp.'s 2016 fourth quarter drops in property/casualty underwriting income. But the specialty insurer's combined ratio remained at healthy ...
Global natural catastrophe losses reached their highest level in four years in 2016, with a big chunk coming from North American storms and other weather events, Munich Re said in its annual ...
Hurricane Matthew-related insured losses are still being tallied, but RMS said that the number will reach as high as $5 billion in the U.S. and $3 billon in the Caribbean. The catastrophe modeling ...
Allstate will continue using drones in parts of Georgia and South Carolina to assess Hurricane Matthew-related roof and home damage claims. The drones will be used in Savannah, Ga., and several South ...
A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers have sufficient capital and appropriate reinsurance programs in ...
North Carolina emergency officials have estimated that the destructive and deadly Hurricane Matthew caused $1.5 billion worth of damage to more than 100,000 homes, businesses and government buildings ...
Property damage caused by Hurricane Matthew has spawned over $218 million in insurance claims so far in Florida, according to state officials, much less than the multibillion-dollar toll initially ...
Hurricane Nicole made landfall in Bermuda on Oct. 13 as a Category 3 storm, less than a week after Hurricane Matthew plowed through the island nation and Haiti before slamming into the U.S. Southeast ...
Flooding from Hurricane Matthew has killed up to 5 million poultry birds in North Carolina, most of them chickens, the state's top environmental official said on Wednesday, hurting a major ...
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