Insurance news

• Hermine insured losses to approach $500mn: KCC

  03-09-2016 03:36
  Hurricane Hermine will generate insured losses that are likely to
  approach only $500mn, according to cat loss estimating and risk
  management firm Karen Clark & Company.
  In a flash estimate hours after the storm made landfall on the
  Northwest Florida coast as a category one hurricane, the firm
  projected total economic losses will likely be close to $1bn.
  The estimates include a forecast of over 50,000 claims,
  primarily on residential properties and autos, spread across
  Florida, Georgia, North
  
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