Insured losses in Florida related to Hurricane Idalia are unlikely to surpass those from Hurricane Ian last year given the storm’s path across the more sparsely populated Big Bend region, which has lower insured values than other coastal areas, according to a new AM Best special report.
Tag: business property insurance
Beazley Builds Large Commercial Property Capability in U.S.
Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York. Reporting to Beazley’s global head of commercial property, Simon Jackson, Mr Westhoff will manage the US-based team, working alongside the property team in London. He brings 16 years of insurance experience and was previously a vice president… Continue reading Beazley Builds Large Commercial Property Capability in U.S.