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

Colin Wildey promoted to Chief Risk Officer for Markel International

Posted: Feb 17, 2026

Markel Insurance, the insurance operation within Markel Group Inc., has promoted Colin Wildey to Chi...

Catastrophe bonds continued shift into mainstream reinsurance at 1.1: Howden

Posted: Feb 17, 2026

Through 2025 and into the January 1, 2026 reinsurance renewals, catastrophe bonds firmly established...

Canopius expands Natural Resources team with Nicholas Whettem & Namrata Soni

Posted: Feb 17, 2026

Canopius Group, a global specialty and P&C re/insurer, has announced the additions of Nicholas W...