ATLANTA (AP) — A company that estimates damage from natural disasters says insured losses on land from Hurricane Elsa will be around $290 million.
About $240 million of that was from wind and storm surge in the U.S., while damage on Caribbean islands totaled about $50 million, Boston-based Karen Clark & Co.
FORT LAUDERDALE, Fla. (AP) — Florida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion dollar loss from Hurricane Michael, but has sufficient reserves and backups that providers should be able to pay claims without problems, analysts say...
FORT LAUDERDALE, Fla. (AP) — Florida's disjointed property insurance system that relies almost exclusively on small and midsize companies will take a multibillion dollar loss from Hurricane Michael, but has sufficient reserves and backups that providers should be able to pay claims without problems, analysts say...