Catastrophes like the Camp Fire in California are a critical inflection point between insurer and insured. Perform well, and you build brand loyalty; perform poorly, and angry customers will have no mercy when sharing their experience. But in the wake of so much destruction, how much can you expect your insurer to handle?
2017 was a record-setting year for insured losses from weather-related incidents, at $132 billion. So far, 2018 is falling well short of that mark. But does that mean things are back to “normal”?