Breaking News
-
Catastrophe Bonds Among Few Asset Classes Withstanding Meltdown
A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have seen deep selloffs since Donald…
-
AB 226 moves to senate after 72-0 vote to strengthen California FAIR Plan
The bill, sponsored by Assemblymember Lisa Calderon (D-District 56), would authorize the California FAIR Plan to access additional financial capacity through the issuance of bonds…
-
The perfect storm of stress – why are staff at insurance agencies burning out?
“Programs like the CPIA (Certified Professional Insurance Agent) help producers see that they’re not alone, that others are going through the same challenges. They can…
-
Florida insurance oversight debate heats up as DFS counters OIR criticism
The state’s unique bifurcated regulatory structure involves two primary entities: the DFS, traditionally led by the chief financial officer and responsible for managing consumer services,…
-
Florida property sector adds 12th carrier with Apex Star approval
Surplus strength fuels confidence as rates stabilize and demand grows
-
Hackers Spied on 100 US Bank Regulators’ Emails for Over a Year
Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according to two people familiar with…
-
MGA Helix Underwriting Launches Professional Lines Program
Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed…
Top Stories
-
Tokio Marine launches climate risk platform
Fraser McLachlan, current chief executive of GCube, has been appointed chairman of TMGX. Ben Kinder, chief underwriting officer for marine, energy & renewables at Tokio Marine HCC International (TMHCCI), will serve as TMGX’s CUO… More
Hot Issues
Recent Articles
-
Newsmax Paid $40M to Settle Defamation Suit Over 2020 Election Claims
Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims…
-
Multiple Deaths, Damage in South, Midwest from Winds, Tornadoes
(AP) — Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several…
-
Senate bill seeks to extend NFIP through 2026
The most recent short-term extension, passed in December 2024, is set to expire at midnight on March 14…
-
Citizens Property Insurance potentially on the hook over water damage
The homeowners countered with their own expert – a licensed engineer – who had personally inspected the property…
-
At Least 32 Dead in Massive US Storm After New Fatalities Reported
Violent tornadoes ripped through parts of the U.S., wiping out schools and toppling semitractor-trailers in several states, part…
-
Policyholders sue Penn Mutual Life Insurance
The lawsuit claims Penn Mutual agents promoted “tax-advantage strategies” tied to life insurance and related products, which were…
-
US storm causes widespread destruction, leaving at least 40 dead
Insurers preparing for significant claims related to storm-related damages
-
Peruvian Farmer Takes Germany’s RWE to Court in Landmark Climate Case
The case, which began a decade ago and is now being heard in Hamm in Germany, could deliver…
-
New Jersey bill to require insurers to cover medical care for menopause — report
Dr. Christmas said hormone replacement therapy is one option for treating night sweats, genitourinary symptoms, or early onset…
-
Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation
In a Tuesday speech previewing the budget, Chalmers will also say that on preliminary estimates, the cyclone’s immediate…