October 16, 2024
Insured industry losses to onshore property for Hurricane Milton will fall between $30 billion and $50 billion, according to an estimate out on Wednesday from Verisk. Moody’s RMS Event Response said earlier this week that total U.S. private market insured …
October 14, 2024
Total U.S. private market insured losses from the Hurricanes Helene and Milton will likely range between $35 billion and $55 billion, according to Moody’s RMS Event Response, which said the confluence of the two storms will make paying claims and …
October 7, 2024
Moody’s RMS Event Response on Monday released an estimate showing total U.S. private market insured losses from Hurricane Helene could be between $8 billion and $14 billion. Moody’s puts its best estimate at $11 billion. The estimate represents insured losses …
August 14, 2024
Moody’s RMS Event Response estimates U.S. private market insured losses from Hurricane Debby won’t exceed $1.5 billion, which represents insured losses associated with wind, storm surge, and precipitation-induced flooding. Moody’s also estimates losses to the National Flood Insurance Program from …