2023 to Test Recent Growth in Private Flood Insurance Market
The private flood insurance market has been growing but 2023 may provide a real test following Tropical Storm Hilary in California as well as future
Source: insurancejournal.com
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What's behind private flood insurance sector boom?
New report reveals changing distribution of premiums
Source: insurancebusinessmag.com
Best's Special Report: U.S. Private Flood Market Growing, Especially Commercial Property
OLDWICK, N.J., August 28, 2023--A new approach in determining rates for policies issued through the National Flood Insurance Program (NFIP), Risk Rating 2.0, appears to shifting more premium into the U.S. private flood insurance market, according to a new AM Best special report.
Source: yahoo.com
Convective storms across Southern US states, an "evolving situation" for reinsurers: AM Best
The growing frequency and severity of convective storms across Southern US states has become an "evolving situation" for re/insurers, as these events are
Source: reinsurancene.ws
P&C insurance hit by staggering loss
There were significant challenges to underwriting performance
Source: insurancebusinessmag.com