22 May 2018Insurance

US “Ring of fire” insured losses to reach $2.5bn

The damage resulting from the "ring of fire" weather system that impacted the US from May 11 to 16 is expected to result in $2.5 billion in property and motor insurance claims, according to a report by Karen Clark & Company (KCC).

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
2 April 2026   New head to drive portfolio growth and broker engagement strategy.
Insurance
2 April 2026   Auto and home insurance premiums dropping as litigation dries up.
Insurance
2 April 2026   New function targets carrier alignment across $7.9bn GWP platform.