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Weather events increasing claims complexity and cost in property loss adjusting: Gallagher Bassett
Gallagher Bassett, a global claims and risk management provider operating across the United Kingdom, Europe, the Middle East, Asia, North America and Australia, has highlighted how changing weather patterns are contributing to higher costs and increasingly complex property claims within loss adjusting. Traditionally, insurers and loss adjusters were able to rely on seasonal patterns, regional […] The post Weather events increasing claims complexity and cost in property loss adjusting: Gallagher Bassett appeared first on ReinsuranceNe.ws.
Atlantic Casualty refused fire-loss appraisal after $557k payout, complaint alleges
A city ordered the building torn down - the insurer says that ended its obligation to pay more
Economic losses from Venezuelan earthquakes projected to exceed $10 billion – Verisk
Verisk's Catastrophe and Risk Solutions group flags unusual uncertainty in translating economic losses into insured claims
Economic losses from Venezuela quakes to exceed $10bn, insured impact still unknown: Verisk
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. The Catastrophe and Risk Solutions group at Verisk has estimated that economic losses from the June 24, 2026 earthquakes in Venezuela will likely exceed USD 10 billion, with a higher degree of uncertainty than usual in estimating the insured share of industry losses due to Venezuela’s macroeconomic conditions, elevated inflation, low insurance penetration, and sanctions-related […] Economic losses from Venezuela quakes to exceed $10bn, insured impact still unknown: Verisk was published by: www.Artemis.bm catastrophe bond deal directory our free weekly email newsletter here.