AM Best Sees “Manageable” Tornado Losses

convective storms, wildfires put stress on Homeowners insurance

Although AM Best expects insurance companies to be able to absorb the losses from the recent and deadly U.S. tornado outbreak, supply chain challenges and inflationary pressures may exacerbate insurance losses. AM Best’s initial viewpoints regarding the tornado outbreak across central and southern US states, which as detailed in its Best’s Commentary, “Tornado Outbreak Adds… Continue reading AM Best Sees “Manageable” Tornado Losses