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

Data centre boom has headwinds, but Chubb’s capabilities extremely broad: CEO Greenberg

Posted: Feb 04, 2026

The rapid global build-out of data centres is a great investment opportunity that also comes with he...

Somerset Re appoints Steve Belcher as CFO and Joelina Redden as CLO

Posted: Feb 04, 2026

Somerset Reinsurance Ltd., a provider of asset-intensive reinsurance solutions to the life and annui...

SGIS Group approved as Lloyd’s registered broker

Posted: Feb 04, 2026

Simon Global Insurance Services Group (SGIS Group), a premier insurance brokerage platform, secured...