Tokio Marine's FICOH to hand ~$400mn Hawaii loss to reinsurers
First Insurance Company of Hawaii (FICOH), a subsidiary of Tokio Marine, looks set to cede a significant loss to its reinsurers following last month's Lahaina...
First Insurance Company of Hawaii (FICOH), a subsidiary of Tokio Marine, looks set to cede a significant loss to its reinsurers following last month's Lahaina...
Article / 12 days ago
Will The Maui Wildfires Cause Insurance Companies To Rethink Coverage In Hawaii? - Honolulu Civil Beat
The concern aligns with a national trend of increasing rates and limited coverage in areas at a high risk of the effects of climate change...
The concern aligns with a national trend of increasing rates and limited coverage in areas at a high risk of the effects of climate change...
civilbeat.org /
Article / 18 days ago
Marriott Vacations warns of Q3 income impact from Maui wildfires
Marriott Vacations Worldwide Corp. on Thursday warned its third-quarter net income will be negatively impacted by the Maui wildfires and it will tap insurance...
Marriott Vacations Worldwide Corp. on Thursday warned its third-quarter net income will be negatively impacted by the Maui wildfires and it will tap insurance...
Article / 22 days ago
County of Maui sues Hawaiian Electric for negligence leading to fires - Reuters
The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut...
The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut...
reuters.com /
Article / 29 days ago
Moody's RMS Estimates USD 4 to 6 Billion in Economic Losses from Hawaii Wildfires
The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, and infrastructure assets....
The loss estimate reflects property damage, contents, and business interruption, across residential, commercial, industrial, automobile, and infrastructure assets....
PR / 1 month ago
Maui Wildfires - Coverage Considerations and What Business Policyholders Need to Know - JDSupra
The Maui wildfires are now the deadliest—and certainly among the most destructive—in modern US history, already outpacing the loss of life and impact...
The Maui wildfires are now the deadliest—and certainly among the most destructive—in modern US history, already outpacing the loss of life and impact...
jdsupra.com /
Article / 1 month ago
Allstate and top insurers brace for Maui wildfire impact on finances
Analysts weigh in on the impact of record-breaking fires to their bottom lines...
Analysts weigh in on the impact of record-breaking fires to their bottom lines...
Article / 1 month ago
Maui Fire Lays Bare Utility Missteps Mirrored Across the Country
When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California's deadliest-ever wildfire...
When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California's deadliest-ever wildfire...
Article / 1 month ago
Allstate, Travelers see Q2 catastrophe losses about double YOY
The Allstate Corp., The Travelers Cos. Inc. and The Progressive Corp. saw the highest second-quarter catastrophe loss increases among US property and casualty...
The Allstate Corp., The Travelers Cos. Inc. and The Progressive Corp. saw the highest second-quarter catastrophe loss increases among US property and casualty...
Article / 1 month ago
Maui wildfire insured losses in range from $2.5bn – $4.5bn: Bloomberg Intelligence
Another estimate for the potential insurance and reinsurance market loss from the devastating Lahaina wildfire on the island of Maui, Hawaii, has...
Another estimate for the potential insurance and reinsurance market loss from the devastating Lahaina wildfire on the island of Maui, Hawaii, has...
Article / 1 month ago
