Plexus Points: Insurance stories we're reading
Here is a compilation of insurance-related news and notes stemming from Hurricanes Harvey and Irma:
-- While losses in connection with Hurricane Irma could range into the tens of billions of dollars, it could have been worse for property and casualty insurers.
-- Here is a closer look at the Florida homeowners’ insurance market.
-- The beleaguered-but-essential National Flood Insurance Program (NFIP) will again be put to the test in the wake of Hurricane Irma.
-- On Friday, the NFIP was extended through Friday, December 8.
-- In excess of 80,000 flood claims have been filed in connection with Hurricane Harvey, per the NFIP.
-- According to one estimate, more than 100,000 insurance claims on allegedly damaged cars and trucks have been filed in the wake of Hurricane Harvey.
-- The head of South Carolina’s department of insurance believes more residents should be considering flood insurance.