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Considerations for the Casualty Insurer in Dealing with Structured Settlements
Considerations for the Casualty Insurer in Dealing with Structured Settlements Recent trends in property/casualty insurance reflects catastrophic insurance losses from earthquakes, hurricanes, and other natural and unnatural disasters reaching unparalleled levels. Property/casualty insurers are anticipating even larger losses in the future. It’s not only the frequency of these natural and unnatural disasters that is debilitating, it is also the population growth. For example, the population in the Atlantic and Gulf regions of Florida and in California have experienced a population growth three or four times the national average for the last three decades. Faced with this increased exposure […]