The U.S. surplus lines market experienced double-digit premium growth for a second straight year in 2019, driven by hardening market conditions and the growing complexity of risks sparked by new technologies in different industries, according to a new AM Best report. The Best’s Market Segment Report, “Expanding Opportunities Bolster Surplus Lines Growth and Operating Results,”… Continue reading Expanding Opportunities Bolster U.S. Surplus Lines’ Growth and Operating Results: AM Best
Tag: ES&L
FEMA Overwhelmed by Hurricanes and Wildfires in 2017, According to GAO
The back-to-back devastation of hurricanes Harvey, Irma and Maria, followed by catastrophic wildfires in California, overwhelmed federal disaster responders in 2017, according to a government report released Tuesday. The unprecedented sequence of storms and fires forced Federal Emergency Management Agency staff to jump from one disaster to another and in some cases use uncertified workers… Continue reading FEMA Overwhelmed by Hurricanes and Wildfires in 2017, According to GAO
Tropical Storm Gordon Roars Toward Gulf Coast, Expected to Make Landfall as Hurricane
Tropical Storm Gordon continued to gain strength Tuesday morning and is expected to become a hurricane by the time it hits the central U.S. Gulf Coast, including coastal Mississippi — just as the hurricane season reaches its peak period. Voluntary evacuation orders were issued Monday for parts of Louisiana for residents in areas outside the… Continue reading Tropical Storm Gordon Roars Toward Gulf Coast, Expected to Make Landfall as Hurricane