Citizens estimates losses from hurricane Nicole at $62.5m

Share!

Reinsurance News - Nov 17, 2022

Florida’s residual market insurer, Citizens Property Insurance Corporation, has provided a modelled estimate of its ultimate losses from recent hurricane Nicole, pegging the total at $62.5 million. The sum is a modelled estimate of indemnity losses plus loss adjustment expenses (LAE), though does no...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...