Wildfires burning since Aug. 8 on Hawaii’s Maui Island will likely result in the second-largest insured loss in the state’s history, according to a brief from catastrophe modeling firm Karen Clark & Company (KCC).
Tag: Karen Clark & Co
Insured Losses from Tornado Outbreak Estimated at $3 Billion: Karen Clark & Co
According to Karen Clark & Company (KCC), the insurance industry loss from the recent severe convective storm (SCS) outbreak in the United States will be around $3 billion. The SCS outbreak, which brought damaging winds and hail, occurred between December 9th and December 12th, and tornado activity was reported in at least six US states,… Continue reading Insured Losses from Tornado Outbreak Estimated at $3 Billion: Karen Clark & Co
Insurers May Take $4.3B Hit from Hurricane Zeta in U.S
Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company Karen Clark & Co (KCC) said on Monday. At least six people were killed in the southeast of the United States and more than 2 million people were without power on Thursday after Hurricane Zeta… Continue reading Insurers May Take $4.3B Hit from Hurricane Zeta in U.S