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Hurricane Dorian, fires to cause double-digit insurance rate hikes
By Heather A. TurnerMoody's estimates insurance rates will increase by approximately 15% as a result of recent hurricanes and wildfires.
Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
Moody's estimates insurance rates will increase by approximately 15% as a result of recent hurricanes and wildfires.