The Category 3 hurricane could expose insurers and their customers to huge losses across a wide stretch of Florida, Georgia and the Carolinas.
Tag: Insurance
-
Hawaii Wildfires Spur Insurers to Reassess the State’s Risk
Hawaii has long been a low-risk and profitable market for insurers, but the Maui disaster could change that, and even have a global ripple effect.
-
How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters
Climate change, inflation and global instability have thrust companies that sell insurance to insurers into the spotlight.
-
Russia Fires Warning Shots and Boards a Freighter in the Black Sea
Russia’s military made good on its threats to enforce its blockade of Ukraine, adding to the tensions in an increasingly active theater of war.
-
Threats, Beatings, Extortion: The Violent World of Fire-Truck Chasers
The crews that offer help after a fire already operated outside the law. Then, police say, a former gang member took over a New York company and made things much worse.