Achmea sponsors European windstorm disaster bond

The most recent transfer marks the fourth disaster bond sponsored by Achmea Reinsurance. Credit score: Ryan…

Is a Twister a Windstorm? A Texas Perspective on the Time period “Windstorm”

What precisely is a “windstorm” in a property insurance coverage coverage? Are tornados windstorms? When not…

What Is a Windstorm? A California Perspective

What’s a windstorm? The problem is raised often when a hurricane happens, and an insurance coverage…

Reask, AXA Local weather to supply parametric windstorm insurance coverage

The collaboration will enhance threat administration and expedite claims processes after climate-related occasions. Credit score: YES…

Court docket Finds Coverage Time period, “Windstorm,” to be Ambiguous in Protection Dispute Involving Twister

In Mankoff v. Privilege Underwriters Reciprocal Change (2024 WL 322297 (Tex. App.—Dallas Jan. 29, 2024)), the…