KCC High Resolution U.S. Hurricane Reference Model News

Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B

Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property & casualty insurers and reinsurers. “Because Sally appears to be primarily a flood event, …

Karen Clark & Co. Estimates $2.5B in Insured Losses from Hurricane Florence

Insured losses from Hurricane Florence will reach $2.5 billion, according to an estimate from Karen Clark & Co. The estimate of insured losses to residential, commercial, and industrial properties and autos comes from KCC’s High Resolution U.S. Hurricane Reference Model …