Catastrophe Insurance


, Insurance Journal
Insurance Issues in 2022 – What to Expect
Jerry Theodorou

Unusual loss trends in 2021 called on the property & casualty insurance industry to play its role as the economy’s financial first responder. A look back at the most extreme loss patterns of…

, Insurance Journal
Unusual Weather We’re Having, Ain’t It?
Jerry Theodorou

A scene in The Wizard of Oz finds Dorothy, the Cowardly Lion and Scarecrow in a poppy meadow with snow coming down. The Cowardly Lion says, “unusual weather we’re having, ain’t it?” If Bert…

The insurance industry’s role in combating the climate crisis can be a win-win
Sarah Wall

The conclusion of the 26th Conference of Parties (COP26) last week in Glasgow ran the gamut of media mentions. There was the good, such as the unexpected pledge of climate cooperation between the…

, Savannah Morning News
Georgia insurance commissioner: Biden’s proposed ‘hurricane tax’ threatens Georgians
Lars Powell

From Savannah Morning News:

A report by the conservative and libertarian think tank R Street Institute found that this “hurricane tax” would increase total property insurance premiums in…

, The Center Square
Florida TaxWatch: ‘End or modify’ the National Flood Insurance Program
Lars Powell

From The Center Square:

But FTW cites R Street Institute research showing the private flood insurance market grew by more than 50% in 2017 and now represents 15% of all flood insurance policies…

Mississippi Insurance Commissioner blasts “hurricane tax”
Lars Powell

From Bermuda Re/insurance Magazine:

He also cites research from the R Street Institute that found that the change could add as much as $240 annually to the average Mississippi family’s…

, The Panolian
Protect Mississippi from a Biden/Pelosi hurricane tax
Lars Powell

From The Panolian:

On the face of it, the bill has nothing to do with insurance and the White House promises that the plan will affect only those who earn more than $400,000 a year. However, an…

, Capital Soup
Possible Biden hurricane tax increase looming for Florida homeowners
Lars Powell

From Capital Soup:

Brown points to data recently released by the R Street Institute, which says Florida homeowners could see as much as a 13 percent increase in their property insurance rates…

Possible Biden hurricane tax increase looming for Florida homeowners
Lars Powell

From Northwest Florida Daily News:
Floridians should be concerned, very concerned, over this tax proposal from the Biden Administration. It is clear now that this tax plan will lead to a large tax…

, The Royal Gazette
‘Hurricane tax’ vote delayed
Lars Powell

From The Royal Gazette:
Meanwhile, the non-partisan R-Street Institute has estimated that insurance premiums across the United States will increase between $10 billion and more than $20 billion a…

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