-
The California fire was 91% contained as of Friday.
-
Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
-
The company said Helene claims have surpassed those of Hurricane Ian.
-
Fema's traditional reinsurance programme will attach at losses of $7bn and above.
-
The model factors in the effects of climate change to date.
-
High winds are expected to return to the area Tuesday, however.
-
The wildfire in Ventura County was 7% contained as of Friday afternoon.
-
The wildfire started Wednesday and is 0% contained so far.
-
The carrier had $300mn of favorable development in Q3, mostly led by short-tail lines and ex-workers' comp.
-
The firm will provide an update on November 22 to avoid holiday season.
-
The commercial carrier also reported a Hurricane Milton pre-tax net loss forecast of $250mn-$300mn.
-
The estimate implies a roughly $15bn homeowners’ industry loss from the hurricane.