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

Ardonagh Group acquires majority stake in Hong Kong based broker, RMIB

Posted: Feb 17, 2026

The Ardonagh Group, a global independent insurance broker, has acquired a majority stake in Risk Man...

Artificial Labs introduces AgLabs to advance agentic AI in specialty insurance

Posted: Feb 17, 2026

Artificial Labs (Artificial), a provider of digital broking and underwriting technology for specialt...

European insurance M&A to accelerate in 2026: Fitch

Posted: Feb 17, 2026

A new report from Fitch Ratings has suggested that M&A activity among European insurers is likel...