Louisiana Commissioner Directs Insurers to Talk to Policyholders as Hurricane Ida Claims Deadline Looms

Published on July 21, 2023
A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, state
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Catastrophe Losses Double at Travelers as Insurance Industry and More Regions Absorb Severe Weather

July 21, 2023
Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent quarter and the company swung to a loss as severe wind and hailstorms in a number of regions led to …

US P/C industry suffers $25.7bn underwriting loss in 2022: AM Best

July 21, 2023
In 2022, the U.S. property/casualty (P/C) industry experienced a significant setback as it reported a staggering $25.7 billion net underwriting loss,