Moody’s RMS Event Response has estimated that private market insured losses from hurricane Milton will fall in a range between $22 billion and $36 billion, with a best estimate of $26 billion.The estimate includes only privately insured losses from wind, storm surge, and precipitation-induced flood damage from the event. It does not include any losses … Read more
TDI experts answer Texans’ top auto insurance questions. What should auto insurance cost, and what’s the best kind to get? To answer a question about cost, you need to know what a policy covers first. TDI’s automotive insurance guide can help, and there’s a policy comparison tool at www.opic.texas.gov. It’s important to know what you … Read more
Catastrophe bond fund manager Icosa Investments has highlighted current uncertainty over the level of losses the market may face from hurricane Milton, but notes that while some principal losses seem likely there remains a high level of uncertainty over certain structures, especially aggregate cat bonds that have much of their risk periods left to run.The … Read more
Responding to the potential impact of losses from hurricane Milton, the catastrophe bond market has fallen by just 1.34% at the end of week pricing of the index calculated by Swiss Re Capital Markets, while the US wind specific version of the cat bond index fell by only 3.64%.It’s a stark contrast to how the … Read more
After nearly a century of helping people overcome catastrophes, we know the aftermath of a storm is an emotional time. We know putting your life back in order is a top priority. That’s why we’re ready to assist customers now and expedite claims. Rapid Response and Support In the wake of Hurricane Helene, our Mobile … Read more
