News and information for property & casualty insurance agents & brokers on specialty lines or excess and surplus (E&S) insurance, including inland marine insurance, ocean marine, trucking, cargo, flood coverage, environmental, construction, cyber and other lines of non-traditional, hard-to-obtain coverage.
The main driver of the high insured losses was an active hurricane season in the North Atlantic. In addition, the combined insurance losses from all wildfires worldwide were $14 billion, the highest ever in a single year.
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