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P&C Report: 2024 Q3 Outlook

P&C Report: 2024 Q3 Outlook

The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT

Power Outages Stall Houston Businesses After Beryl, Insured Losses Could Hit $600 Million

Power Outages Stall Houston Businesses After Beryl, Insured Losses Could Hit $600 Million

Some businesses in Houston, Texas, were still struggling to get back up and running as of mid-July after Hurricane Beryl left many with prolonged power and internet outages, in addition to wind- and water-related property damage. Data from CoreLogic indicates that insured properties and businesses in Harris County could face between $210 million and $600 million in damages from the

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