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Michael MolineSeptember 15, 2017

You probably don’t have to worry about your insurance company’s ability to pay claims arising from Hurricane Irma. Do worry about a shortage of adjusters to help them calculate your losses. That could inflate the cost of managing claims. Fred Karlinsky, co-chairman of the insurance regulatory and transactions practice at Greenberg Traurig, said Florida insurers […]

Staff ReportsSeptember 8, 2016

Insured losses from Hurricane Hermine could amount to $500 million, but the industry could absorb the hit, according to an analysis published this week. Fitch Ratings Inc. cited an estimate from Karen Clark & Co., a “catastrophe modeling” consultancy in Boston. Total economic damages could amount to $1 billion in Florida and other southeastern states, […]

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Tag: Florida Hurricane Cat Fund

Fred Karlinsky predicts insurers will turn to international sources for Irma payouts

Hermine claims may reach $500 million, insurance analysis suggests