Insurers Brace for Hurricane Season
“”This year’s hurricane season figures to be a challenging one for the U.S. insurance sector both from a meteorological and legal perspective, according to Fitch Ratings in a new report. Some of the most prominent hurricane forecasting organizations are predicting an above-average storm season, which may once again yield very disproportionate conclusions for insurers depending on how severe the storm season is, according to Fitch Senior Director Don Thorpe.. ” from Insurance News
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