Hurricane Irma has left a trail of destruction across Florida, but it could have been much worse on the ground. For insurers, investors and consumers, the news is also good. The industry has avoided extreme losses and insurance rates are unlikely to rise significantly. Estimates of total potential losses from the storm are already coming down as Irma has lessened in strength and passed up the west coast, avoiding a direct hit on...

Source: Wall Street Journal September 11, 2017 15:08 UTC