Pressure to settle up to $5bn Hurricane Isaias losses may lead to claims inflation, warns RMS


Insured losses from Hurricane Isaias that caused extensive damage across the Caribbean and the East Coast of the US between July 30 – August 5, 2020 will be between $3 and $5 billion, including estimated losses to the National Flood Insurance Program (NFIP), according to RMS.

RMS, National Flood Insurance Program, Hurricanes, Catastrophe, Insurance, Reinsurance, Pete Dailey, North America

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