What would an underwriter say if they heard that a monumental amount of unwritten premium was about to become available in a few months? This is something property underwriters are contemplating as the NFIP re-authorization approaches. But is that the right question?
Topics: Insurance Underwriting, Underwriting Profit, Effective Underwriting
Here we are in the dog days of summer, and because we can’t just write about wildfires every week it’s time for the Top 3 posts from Q2.
Topics: Natural Hazard Risk, Flood Insurance, Flood Risk, Flood News
Do you ever read or watch something and say out loud: “yes”? That was my reaction to this AM Best TV clip from last week. Just a simple, out loud “yes”.
Topics: Flood Insurance, Flood Modeling, Flood Risk
As The Risks of Hazard has mentioned before (and even before that), it is incredible how little attention wildfire receives from underwriters and carriers. The huge fires in Tennessee last autumn didn’t change that, and the January fires in Florida didn’t either.
Topics: Wildfire
Last week, we were at the Flood Risk Summit in Toronto. It was a forum intended to share information among insurers, brokers, and government (local and provincial). It was amazing to see what is happening in Canada on flood insurance, and definitely worth a review here.
Topics: Flood Insurance, Insurance Protection Gap, Canada Flood Risk
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