| | Breaking Insurance News | | | Analysts at ratings firm AM Best said they expect the insured losses from the tornadoes that devastated central and southern U.S. last weekend will dampen underwriting results for insurers but that insurers will be able to absorb them, even though supply chain and inflation challenges may exacerbate losses.
AM Best said insured losses are likely to be concentrated in the commercial multiperil and homeowners lines, with some losses borne by auto physical damage as well. Also, most of the losses should be limited to primary insurers. | | | | Read the full story |
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