Hurricane Matthew Losses Unlikely to Turn the Commercial Property Market

The commercial insurance industry may be looking to buck a trend of falling rates, but losses from Hurricane Matthew seem less likely to be the kind of catastrophic event to turn the market.

As Hurricane Matthew approached Florida late last week, some catastrophe modelers estimated losses of $30 billion from what was a raging Category 4 storm.

Read more at http://www.advisenltd.com/2016/10/17/hurricane-matthew-losses-unlikely-to-turn-the-commercial-property-market/

Erin Ayers, Hurricane Matthew losses unlikely to turn the commercial property market (October 17, 2016), available with subscription at Advisen Professional Front Page News.