Article ID: f551d313785081625907f0e638135177c37a9e87b141be301c73bba7e6b42457
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/expected-isaias-losses-unlikely-to-tip-the-market-brokers/
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Expected Isaias losses unlikely to tip the market: Brokers - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Expected Isaias losses unlikely to tip the market: Brokers by Matthew Lerner Catastrophes Oct 9, 2026 Preliminary projected insured loss estimates for Hurricane Isaias range in the mid-single-digit billions, as it moves toward the Eastern Gulf Coast on Friday, according to a reports by reinsurance brokers. The storm developed on Wednesday and grew into a Category 3 hurricane by Friday, but the National Hurricane Center said it may weaken before landfall because of wind shear. Losses from the storm are not expected to “meaningfully” influence Jan. 1 reinsurance renewals due to the abundance of available reinsurance capital, Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., said in a report. Category 2 and 3 hurricanes have historically caused insured losses averaging in the low-to-mid-single-digit billions of dollars, Gallagher Re said. Model guidance suggests Isaias will make landfall near the Florida-Alabama border as a Category 2 storm, Gallagher Re said. It is expected to bring hurricane-force winds and a 6- to 9-foot storm surge. Insured losses may depend largely on the track the storm ultimately takes, according to another report from Marsh Re Friday, which also put the projected loss estimate in the mid-single billions. “Slight deviations in track and intensity will significantly change loss outcomes. A more westerly track favors higher losses into Mobile Bay, while a more easterly track will keep losses lower,” the Marsh Re report said. Isaias will be the first storm to make mainland U.S. landfall since Milton hit Florida in 2024, Gallagher Re said. Related News Insurance professionals urged to adapt as industry changes October 9, 2026 Pumpkin disclaimer: personality not included October 9, 2026 Carpenter’s heart attack after restraining donkey ruled compensable October 9, 2026 Falcons exempt from California comp claim over player’s cumulative injuries October 9, 2026 The BI Top 10 for the week of Oct. 5, 2026 October 9, 2026 California comp report signals pressure for higher employer costs October 9, 2026 Eric O. Leavitt named chair of CIAB board October 9, 2026 Insurance Australia Group, RAC challenge $942M merger rejection October 9, 2026 Business interruption losses climb 30% in two years: Allianz Commercial October 9, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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