hurricane
October 10, 2024
Commercial P&C Rates Up 3.8% in Q3, but Q4 Could See Hurricane Effects
The U.S. property and casualty insurance market saw rates rise an average of 3.8% for commercial lines and 6.75% for personal lines in the third quarter, according to the latest data from MarketScout. The average increases for Q3 are down from 4.36% for commercial lines and 7.6% for personal lines in the second quarter. The...
October 1, 2024
Hurricane Helene Brings Catastrophic Flooding and Damage to Multiple States
After making landfall as a Category 4 storm in Florida’s Big Bend region, Hurricane Helene sped inland with a path of devastation, bringing historic flooding, millions of power outages and causing more than 90 deaths in multiple states. Coming ashore as the strongest hurricane on record to hit the Big Bend region of Florida, Helene...