11-08-2017 23:23 via insuranceinsider.com

First half of 2016 saw most US cats since 1980: Verisk

Flash floods inundated parts of several US cities this week,
causing millions of dollars in damage in San Antonia, Kansas City
and New Orleans, where Louisiana governor John Edwards declared a
state of emergency today.
The flood events come after a challenging first half of the year
for cat losses.
Verisk Analytics estimates that catastrophes in the US produced
$15bn in insured losses in the six months through June, up 10
percent from last year and the most in a...
Read more »