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

Swiss Re’s shareholders elect Jean-Jacques Henchoz as new Board member and approve dividend

Posted: Apr 10, 2026

Jean‑Jacques Henchoz, the former Chief Executive Officer of large European reinsurer Hannover Re, ha...

Liberty Mutual establishes $600m endowment to support long-term community resilience

Posted: Apr 10, 2026

Liberty Mutual Insurance has announced the establishment of a $600 million endowment for Liberty Mut...

Aon integrates new AI benchmarks into Radford McLagan Compensation Database

Posted: Apr 10, 2026

As demand for artificial intelligence (AI) talent and roles intensifies across industries, global in...