State-backed UK terrorism reinsurer Pool Reinsurance Company Ltd. is "very confident" that its members wi...
Consumer checkup: Rising US auto insurance costs creating a 'toxic problem'
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
Article / 18 hours ago
Pool Re CEO 'confident' as UK terrorism reinsurer faces pivotal vote on future
State-backed UK terrorism reinsurer Pool Reinsurance Company Ltd. is "very confident" that its members will vote in favor of fundamental changes to how...
State-backed UK terrorism reinsurer Pool Reinsurance Company Ltd. is "very confident" that its members will vote in favor of fundamental changes to how...
Article / 8 days ago
NAIC head: Federal role, climate, AI on state insurance regulatory agenda
State insurance regulators are willing to work with the federal government but continue to maintain that they are best positioned to oversee the industry.
State insurance regulators are willing to work with the federal government but continue to maintain that they are best positioned to oversee the industry.
Article / 15 days ago
S&P webinar: IFRS 17 to facilitate 'apples-to-apples' analysis over time
IFRS 17 offers a much greater level of transparency, consistency and comparability than the previous standard....
IFRS 17 offers a much greater level of transparency, consistency and comparability than the previous standard....
Article / 29 days ago
Path to net-zero: Disclosure push will spur insurers' work to quantify emissions
Insurers are starting to quantify emissions from their auto underwriting portfolios, among others, as they get to grips with greenhouse gas accounting...
Insurers are starting to quantify emissions from their auto underwriting portfolios, among others, as they get to grips with greenhouse gas accounting...
Article / 2 months ago
Texas approves 36 double-digit homeowners insurance rate hikes in Q3'23
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Article / 5 months ago
In shift, California will let catastrophe models be used in rate-setting process
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
California's insurance department will soon allow carriers use catastrophe modeling when making rate filing requests, but additional regulatory...
Article / 5 months ago
NAIC summer '23: Regulators eye 'opaque' investments, algorithmic bias
Washington Insurance Commissioner Mike Kreidler speaking at the opening session of the National Association of Insurance Commissioners'...
Washington Insurance Commissioner Mike Kreidler speaking at the opening session of the National Association of Insurance Commissioners'...
Article / 7 months ago
IFRS 17 to trigger product changes for Hong Kong, China insurers
The adoption of the new IFRS 17 accounting standard is still in its early days in China and Hong Kong, but it is already clear that whole life products, reinsurance...
The adoption of the new IFRS 17 accounting standard is still in its early days in China and Hong Kong, but it is already clear that whole life products, reinsurance...
Article / 8 months ago
Fla. P&C insurers still raising rates after market reform laws take effect
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Article / 8 months ago