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Hurricane Unknowns Could Weigh on Insurance Stocks, Analyst Says
Key Takeaways Hurricane Milton has the potential to cause tens of billions of dollars in damage, according to some estimates.Historically, shares of insurers have declined in the lead-up to a major storm's landfall and then recover after losses are quantified,
Hurricane Milton Could Cost Insurers up to $100 Billion, Analysts Say
LONDON (Reuters) -Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could boost some insurance companies' shares,
Hurricane Helene is exposing the broken flood insurance system
Very few homeowners have flood insurance, and the National Flood Insurance Program is $20 billion in debt. As disasters increase, what is the solution? Asheville, North Carolina is a mountain city more than 2,
Most residents affected by Hurricane Helene do not have flood insurance
FOX Business' Gerri Willis on the 'slow and painful recovery' for homeowners without flood insurance to rebuild after facing damages from the storm.
How insurers could fill the gap left by Hurricane Helene
Insurance industry experts are calling Hurricane Helene a wake up call for the region after the storm surged through Western North Carolina, leaving behind billions in uninsured damages. Just one in 200 homes in the region has flood insurance,
Why almost half of Hurricane Helene’s damage is not covered by insurance
Helene caused $30.5 billion to $47.5 billion in property damage across 16 states after striking the Florida Panhandle and carving a path of destruction across the Southeast late last month.
Hurricane Helene Could Cost Insurance Industry $14 Billion
Hurricane Helene losses covered by private insurance could reach an estimated $14 billion according to new estimates. Moody's says that U.S. private market insured losses from the deadly storm that tore across several southern states will be between $8-14 billion,
52m
on MSN
Premiums this year may surprise you: Why health insurance is getting more expensive
Escalating grocery bills and car prices have cooled, but price relief for Americans does not extend to health care, a new ...
7h
After Floods, Soaring Insurance Rates Become a Hot Election Issue
Few states elect their insurance commissioners. But in North Carolina, a proposed 42 percent rate hike and Hurricane Helene ...
6h
Milton threatens to upend shaky Florida homeowners insurance market
Hurricane Milton threatens to swamp Florida's troubled property-insurance market, potentially pushing prices higher and ...
2h
Mass. insurance broker who pocketed $137K in fraudulent commissions sentenced to prison
A Massachusetts insurance broker was sentenced to prison in Rhode Island federal court on Tuesday after he admitted he forged ...
1d
Insurance Agency M&A: Strike Before The Market Cools
Private equity has been a transformative force in insurance agency M&A, driving sky-high valuations. However, the market ...
7h
A short history of car insurance in the U.S.
Although the first automobile was invented in 1886 by Carl Benz, a German engineer, cars did not begin appearing on roads in ...
6h
Travel insurance for a trip to Australia
Australia travel insurance can protect you financially if your trip doesn’t go to plan. Learn which coverages to look for ...
10h
Mastering Objection Handling In The Final Expense Insurance Industry
Here's how you can implement effective objection handling training to empower your team and drive better results.
2d
on MSN
Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance
A week after Hurricane Helene overwhelmed the Southeastern U.S., homeowners hit the hardest are grappling with how they could ...
1d
Allstate car insurance review: Great discounts and an easy claims process
Allstate is one of the largest car insurance companies in the U.S. and earns high praise for its claim process, coverage ...
7h
Hurricane Milton: Know your Florida homeowners insurance policy before the storm hits
Hurricane Milton is intesifying and is headed towards Florida. Familiarizing yourself with a few key things in your home and ...
Hosted on MSN
3h
Insurance companies in N.C. want to raise homeowner premium rates by more than 42%
Insurance companies in North Carolina want to raise homeowner premium rates statewide by more than 42% on average. Whether or ...
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