Personal Insurance

Public Adjusters Beware: Unlicensed Solicitation is Both Unethical and Criminal in Florida | Property Insurance Coverage Law Blog

November 3, 2024 As an advocate for policyholders and someone who works closely with many public adjusters, I feel compelled,.. Read More

Berkshire Hathaway pegs hurricane Milton loss at $1.3bn-$1.5bn, Helene at $565m

The insurance and reinsurance businesses of Warren Buffett’s Berkshire Hathaway suffered from hurricane losses in the third-quarter with Helene and,.. Read More

Parametric Hurricane Insurance | Property Insurance Coverage Law Blog

November 2, 2024 As the traditional insurance market continues to harden, policyholders are increasingly exploring parametric hurricane insurance as a complement,.. Read More

144A property cat bond issuance nears $12.8bn, hits second-highest level ever

Already in 2024, the dollar amount of new Rule 144A property catastrophe bonds issued and settled has reached the second-highest,.. Read More

USAA looks to upsize ResRe 2024-2 cat bond to $450m at lower pricing

We’ve learned that insurer USAA is aiming to upsize its latest catastrophe bond to provide $450 million of occurrence reinsurance,.. Read More

FHCF losses for Helene & Milton seen $1.6bn - $6.2bn, point estimate of $4.6bn

According to the administrators of the Florida Hurricane Catastrophe Fund (FHCF), losses to the fund that provides a reinsurance-like reimbursement,.. Read More

Are Home Insurance Consumers Being Duped? | Property Insurance Coverage Law Blog

November 1, 2024 Note: This guest blog is by Frank Lombard, CPCU, ARM, an independent property/casualty insurance advisor. Not a,.. Read More

Losses to firm property catastrophe renewals in North America, Europe at 1/1: Everest CEO

Everest Group’s CEO Juan Andrade said yesterday that his company is anticipating a firming of property catastrophe reinsurance rates in,.. Read More

November a "prime time" for making cat bond investments: Icosa

With the peak of the Atlantic hurricane season now passed the risk of this peril inflicting major losses on the,.. Read More

NDF provides lead capacity for WFP's parametric Sahel Climate Catastrophe Layer

The Natural Disaster Fund (NDF), a public-private partnership funded by UK and German governmental entities and managed by Global Parametrics,,.. Read More

2024 National Flood Insurance Program Proof of Loss for Building and Contents | Property Insurance Coverage Law Blog

October 31, 2024 The current version of the National Flood Insurance Program Proof of Loss for Building and Contents is,.. Read More

2025 expected to be a constructive environment for Nephila: Noble, Markel

Given there have been some losses to insurance-linked securities (ILS), Jeremy Noble, President of Insurance at Markel, speaking during the,.. Read More