This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

ICA Bushfire Loss Estimate Climbs to A$1.34 Billion, Exceeding 2009 Black Saturday Fires in Australia

Bushfires sweeping through Australia have cost insurers an estimated A$1.34 billion (US$925.6 million), outpacing the 2009 Black Saturday fires. . . .

-- This content requires registration --

Already registered?

Not registered?

Register for free

Fires Losses Australia Catastrophes Property And Casualty Insurers

Reprints & Redistribution

Latest News

NEW HAMPSHIRE
New Hampshire Insurance Fraud Director Position Blocked Over Salary Objections
Jul 14, 2025 04:41 PM (EDT)

LITIGATION
SEC Moves for Discovery on Cutter Financial’s Post-Trial Remarks
Jul 14, 2025 04:27 PM (EDT)

PEOPLE IN INSURANCE
Consilium Appoints New Member to Senior Leadership Team
Jul 14, 2025 03:52 PM (EDT)

LIFE INSURANCE
Blockchain CEO: Life Insurance Industry Is Ripe for Tokenization of Traditional Policies
Jul 14, 2025 03:39 PM (EDT)

FEDERAL REGULATION
British Brokers Group Urging for More Proportionate Regulatory Touch
Jul 14, 2025 03:19 PM (EDT)

More from Best’s News

Trending

1

KANSAS
Kansas Insurance Commissioner Enters Gubernatorial Race
Jul 11, 2025 02:49 PM (EDT)

2

BEST'S NEWS
Best's News: AM Best on Sketching a Risk Profile for Emerging Crypto Market
Jul 11, 2025 04:20 PM (EDT)

3

HAWAII
Hawaii Enacts Law to Facilitate Maui Wildfire Settlement, Appropriate State’s Share of Fund
Jul 11, 2025 02:50 PM (EDT)

4

CATASTROPHE BONDS
SageSure Sponsors $100 Million Hurricane Cat Bond for Reciprocals Auros, Elevate
Jul 11, 2025 02:04 PM (EDT)

5

LLOYDS
RV Insurtech Roamly Appointed as Lloyd's Coverholder
Jul 11, 2025 01:42 PM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

FLORIDA
Florida Cuts $1.1 Billion From Hurricane Reinsurance Program, Repeals Expired Fund
Jul 09, 2025 03:14 PM (EDT)

3

BEST'S PERFORMANCE ASSESSMENT
AM Best Assigns Performance Assessment to Dynamic Reinsurance LLC
Jun 30, 2025 01:03 PM (EDT)

4

SPECIAL REPORT
Best’s Special Report: Individual Annuity Surrenders Dent Operating Profitability
Jul 07, 2025 10:18 AM (EDT)

5

RATES
State Farm Approved for 27.2% Rate Increase in Illinois on Cat Losses
Jul 10, 2025 04:10 PM (EDT)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

LITIGATION
Non-Settling Insurers Hit With Nearly $7 Billion Bill for Boy Scout Abuse Cases
Jun 17, 2025 02:18 PM (EDT)

3

CRIME
Industry Outages Continue as Philadelphia Insurance Confirms Cyber Investigation
Jun 16, 2025 03:12 PM (EDT)

4

TECHNOLOGY
Insurer Network Outages: Erie Cites 'Increasingly Sophisticated' Incidents, Has Control of Systems
Jun 18, 2025 11:33 AM (EDT)

5

BEST'S RANKINGS
Best’s Rankings: Progressive Edges Out State Farm to Claim Lead in US Total Auto DPW
Jun 20, 2025 10:35 AM (EDT)

1

TECHNOLOGY
Erie Partially Reopens Policyholder Access as Network Outage Continues
Jun 10, 2025 01:35 PM (EDT)

2

PEOPLE IN INSURANCE
Glenn Renwick, Former CEO and Chairman of Progressive Corp., Dies in Accident
May 20, 2025 12:19 PM (EDT)

3

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

4

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Lloyd’s, Its Rated Subsidiaries and Society of Lloyd’s
Aug 07, 2024 08:57 AM (EDT)

AM Best TV

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html