Catastrophes cost US insurers a total of $8.8bn in 2006, according to the ISO's Property Claims Services.
Five states — Indiana, Missouri, Tennessee, Texas and Kansas — accounted for more than half the losses.
There were 33 catastrophic events during the year, but only one storm of catastrophe proportions — Tropical Storm Ernesto, which caused $250m worth of property damage.
ISO also indicated that insurers received more than 2.2 million claims for damage, with personal lines accounting for 58%, commercial lines 9% and vehicle claims 33%.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
