Property - North America

News, insights and thought leadership for re/insurance professionals with an interest in North American property.

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Covid-19 Business Interruption Update – FCA challenges Orient Express v Generali

The FCA and insurers have now filed their skeleton arguments in the COVID-19 business interruption Test Case, drawing the battle lines and setting out in full the arguments in support of their...

Article / 2 years ago

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Flooding and droughts forecast to cost cities $194bn annually

Climate-related flooding and droughts are likely to impact millions more people and cost the world’s majo...

Yellowstone's historic flooding is an insurance nightmare - CSIMT

In the counties most devastated by this week’s historic flooding in and around Yellowstone National Park,...

Lightning Spark More Than $1 Billion in Homeowners Claims Over Five Years -...

More than $1 billion in lightning-caused U.S. homeowners insurance claims were paid out in 2021 to 60,000...

How to Lower Home Insurance Premiums and Wildfire Risks - Bloomberg

A new standard — already being adopted by one burned-out California town — will designate homes as “wildf...

Yellowstone Flooding Recovery Could Take Years, Cost $1 Billion

Created in 1872 as the United States was recovering from the Civil War, Yellowstone was the first of the ...

Three home insurance companies closing down, unable to recover from Ida - W...

More than 80,000 Louisiana homeowners are scrambling to find insurance to replace policies from three com...