property-catastrophe News
If Hurricane Ian Was a Tipping Point, What Are We Tipping Toward?
As 2023 began, property insurance markets were struggling with the fallout of significant losses from Hurricane Ian in fall 2022. Ian was accompanied worldwide by 17 ...
Property-Cat Reinsurance Rates Likely to Rise by More Than 10% in January Renewals
Reinsurance rates for property-catastrophe business should increase by well over 10 percent when contracts are renewed in January 2023, according to a commentary from ...
Weather Whiplash: Record-Shattering Yellowstone Floods Expose Model Flaws
The Yellowstone National Park area's weather forecast the morning of June 12 seemed fairly tame: warmer temperatures and rain showers would accelerate mountain snow melt and could produce "minor ...
COIN Re, Ted Blanch’s Latest Venture, Invites Customers to Be Owners
At age 82, E.W. "Ted" Blanch is in the position of many entrepreneurs less than half his age: launching a new company. He's the co-founder and president of COIN Re, a Florida-based reinsurance broker ...
Carriers Try ‘Holding the Line’ on Property-Cat Renewals: NAPCO
Property-catastrophe insurers have been focused on winning new business, which means new customers are seeing bigger price cuts, according to a market report from a wholesale broker specializing in ...