Best's News


Best’s News & Research Service subscription required - May 22, 2025 03:26 PM (EDT)

Industry Watchers Anticipate Potential $7 Billion Loss, Underwriting Changes After Severe Storms

Severe convective storms that roiled largely central states with devastating tornadoes and hail in mid-May likely caused a $4 billion to $7 billion industry loss, according to Gallagher Re Chief . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Arkansas Hail Kentucky Losses Wisconsin Missouri Rates Catastrophes Illinois Indiana Michigan Property And Casualty Insurers Tornadoes Windstorms


Latest News

BEST'S NEWS
Best's News: Rising Gold Prices Spur Under-Insurance, Claims Severity for Insurers
Mar 06, 2026 05:29 PM (EST)
FLORIDA
Florida Senate Passes Bill Allowing Surplus Carriers to Assume Commercial Citizens Policies
Mar 06, 2026 04:05 PM (EST)
PEOPLE IN INSURANCE
Aon Appoints Global Head of Analytics for Reinsurance Solutions
Mar 06, 2026 03:47 PM (EST)
LITIGATION
Miami Court Denies Motion to Dismiss Chubb’s Russia Subrogation Suit
Mar 06, 2026 03:35 PM (EST)
ANNUITIES
Insured Retirement Institute Calls on Trump to Expand Use of Annuities in Retirement Proposals
Mar 06, 2026 03:28 PM (EST)

More from Best’s News


Trending


    

1
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
2
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Nationwide Mutual Insurance Company and Its Key Operating Subsidiaries
Nov 07, 2025 09:02 AM (EST)
3
BEST'S RANKINGS
Best's Rankings: US Property/Casualty 2024 DPW by Line Rises 9.5%
Jun 06, 2025 10:16 AM (EDT)
4
BEST'S CREDIT RATING ACTION
AM Best Revises Outlooks to Negative for Knight Insurance Company Ltd. and Its Affiliates
Apr 17, 2025 09:18 AM (EDT)
5
MUTUAL INSURERS
Mutual of Omaha Board Approves Reorganization as Mutual Holding Company
Apr 07, 2025 02:12 PM (EDT)