Claims & Losses

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North Carolina Well-Positioned to Absorb Cost of Hurricane Damage

Fitch Ratings believes the state of North Carolina is well-positioned to absorb the costs and address the impact of Hurricane Florence, which the state estimates inflicted more than $12 billion in direct and indirect damage...

Fitch Ratings / Article / 2 years ago
www.fitchratings.com
Agriculture Claims & Losses

California Fires Add to 2017 Insurer Catastrophe Losses

Based on recent assessments, no US (re)insurance companies in our rated universe are expected to be downgraded as a result of losses from the California wildfires alone, Fitch Ratings says. However, for a number of companies the impact of wildfire losses adds to substantial catastrophe losses reported in third-quarter 2017...

Fitch Ratings / Article / 3 years ago
www.fitchratings.com
Agriculture Claims & Losses