Adam Kovac

Reporter

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Adam Kovac is a reporter living in New York City. Originally from Montreal, he has worked as a journalist at Semiconductor Engineering, The Messenger, The Forward, and CTV News. His freelance work has appeared in publications that include USA Today, National Geographic, Rolling Stone, Gizmodo, and Esquire.

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Catastrophe losses

Possibility of lower interest rates a hedge over cat bond growth: Aon

The volume of property cat aggregates placed grew 50% in 2025.

Adam Kovac, 05 September 2025
Catastrophe losses

Average annual insured property loss rises to $152bn: Verisk

The data modeling firm said losses previously averaged $132bn annually.

Adam Kovac, 02 September 2025
Regulation

American Coastal, Typtap, Sutton hit by Florida insurance regulator fines

The violations included not using propertly appointed adjusters and failing to pay claims.

Adam Kovac, 29 August 2025
Catastrophe losses

Quiet Q2 for cat events results in lowest insured loss ratios for five years

After the LA wildfires in Q1, carriers got some relief in Q2 ahead of wind season.

Adam Kovac, 28 August 2025
Commercial Lines

Progressive’s reinsurance coverage reached $2.2bn in Q2 2025

The company also purchased $15mn of SCS parametric coverage.

Adam Kovac, 05 August 2025
Regulation

KCC’s wildfire cat model gets approval from California regulators

The model becomes the second in the state to get approval to affect ratemaking applications.

Adam Kovac, 31 July 2025