Teresa Reynolds sits exhausted as members of her community clean the debris from their flood-ravaged homes at Ogden Hollar in Hindman, Ky., Saturday, July 30, 2022. (Credit: Timothy D. Easley/AP)
Although recent inland flooding has resulted in nearly 40 deaths and significant economic loss in areas of Kentucky, the events are expected to have a minimal credit impact on U.S. property and casualty insurers, Fitch Ratings reported. The events are also unlikely to affect the capital or earnings of individual insurers or reinsurers.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
