He will replace interim CEO Geroge Ruhana, who will continue in his role as an operating partner.

Georgia Insurance Commissioner Jim Beck faces 38 counts of mail fraud, wire fraud and money-laundering.

Approximately 17,804,321 lightning strikes were recorded in 2018, an 11% drop from the 10-year average.

For now, the insurers' losses are on paper only. It will be months, if not years, before payouts are made.