AM Best suggests pretty significant flood protection gap in California from recent storms

Share!

Reinsurance News - Feb 12, 2024

Recent storms in California have caused heavy flooding in the state resulting in significant economic losses, many of which may not be insured, warned David Blades, associate director, industry research and analytics at AM Best. He stated: “After long periods of drought in California over the past c...

Read Full Article

Recommended Articles

Singapore Reinsurers’ Association names PartnerRe’s James Beedle as new Chair

Posted: Feb 23, 2026

James Beedle, the current Chief Executive Officer (CEO) of Asia Pacific (APAC) at PartnerRe, has bee...

Specialty MGA adds Neil Tayler as Senior Underwriter for specialist A&H portfolio

Posted: Feb 23, 2026

Specialty MGA, a managing general agent (MGA) and part of MNK Group, has strengthened its specialist...

Westfield Specialty’s underwriting income hits $87.2m for FY’25

Posted: Feb 23, 2026

Westfield Specialty, a global specialty insurance carrier, has reported underwriting income of $87.2...