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Evolving Catastrophe Losses to Pressure 2021 Property/Casualty Underwriting Profitability, Triple-I/Milliman Predict
August 17, 2021

... Scholar, gave his updated projections for the 2021 hurricane season, noting that 2021 is expected to have an above normal Atlantic hurricane season with 18 named storms, eight of which will become hurricanes ...


Insurers Focused on Closing the Coverage Gap, Panelists Agree
July 20, 2021

... losses totaled $67 billion in 2020 after an Atlantic hurricane season which included 30 named storms, record-setting wildfires in ...


2021鈥檚 Hurricane Season to Remain a Busy One, Forecast Says
July 8, 2021

... NEW YORK, July 8, 2021 鈥 An updated聽 2021 Atlantic hurricane season forecast 聽from Colorado State University (CSU) released ... speeds reaching Category 3, 4 or 5 on the聽 Saffir-Simpson Hurricane Wind Scale . 聽A month ago, CSU鈥檚 forecast envisioned 18 named ...


Background on: Hurricane and windstorm deductibles
June 23, 2021

June 23, 2021 The Topic After Hurricane Andrew in 1992, insurers realized that losses from hurricanes could be much higher than they had previously thought. Hurricane Katrina, in 2005, which cost insurers more than $41 billion at the ...


Triple-I Update: Hurricane Season to Have 鈥楢bove-Average鈥 Activity
June 3, 2021

... JOHNS, Fla. , June 3, 2021鈥 An聽 updated 2021 Atlantic hurricane season forecast released today by the Tropical Meteorology Project ... 聽(NFIP) and numerous private insurers.聽 The Atlantic hurricane season officially started on June 1 and continues through Nov. 30. A ...


Insurers Are Leading on Climate Issues, Triple-I CEO Tells Regulators
June 1, 2021

... Va. , June 1, 2021鈥擮n the first day of 2021鈥檚 Atlantic hurricane season, the Insurance Information Institute鈥檚 (Triple-I) CEO ...


Insurers Led Through 2020鈥檚 Disruptions, Triple-I CEO Says
May 25, 2021

... a week before the June 1 start of the 2021 Atlantic hurricane season. 鈥淭hey have grown by nearly 700 percent since the 1980s. ... the Gulf and East Coasts have faced the wrath of what is a hurricane鈥檚 catastrophic damage. And now with even more Americans living in ...


Triple-I/Milliman: Property/Casualty Underwriting Profits to Continue in 2021
May 18, 2021

... has already given his initial forecast for the 2021 Atlantic hurricane season. He noted聽at the time that 2021 is聽 expected to have ... of reasons why we鈥檙e forecasting above-normal Atlantic hurricane activity,鈥 said Dr. Klotzbach. 鈥淲e do not anticipate ...


Triple-I to Mark National Hurricane Preparedness Week (May 9-15)
May 6, 2021

... what is forecast to be another聽 "above-average" Atlantic hurricane season 聽is weeks away and the聽 Insurance Information Institute ... now.聽 鈥淭he U.S. experienced a聽 record-setting hurricane season 聽in 2020 and the early forecasts say 2021 is going to be an ...


Triple-I Webinar to Feature Biden Administration Resilience Experts
April 26, 2021

... 29, weeks ahead of the official start of the 2021 Atlantic hurricane season, the聽 Insurance Information Institute 聽(Triple-I) will ...