Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017

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Nate poses biggest threat to market leader State Farm

  • Ted Bunker 10 October 2017
  • State Farm had the most to lose from Hurricane Nate when it blew ashore in Louisiana over the weekend, based on the company's market share in the Bayou State.

    But the Category 1 hurricane swept through so fast that its storm surge lacked the predicted punch, and while related rainfall was voluminous in some affected areas, Nate proved a relatively minor event in a season that has already witnessed three devastating hurricanes.

    Analysts at Karen Clark & Company pegged Nate&#...

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