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

Coface appoints Carmen Chow as Head of Commercial for Hong Kong

Posted: Apr 01, 2026

Coface, a provider of credit insurance and risk management solutions, has announced the appointment...

Swiss Re names Henock Teklu as its new CTO and Chief of Staff

Posted: Apr 01, 2026

Swiss Re has appointed Henock Teklu as its new Group Chief Transformation Officer and Group Chief of...

Geneva Association flags persistent gaps in cyber hygiene and insurance adoption

Posted: Apr 01, 2026

A recent Geneva Association report warns that as cyber incidents grow more frequent, sophisticated,...