Advisors to property and casualty insurers are seeing signs of the P&C industry's financial people burnin...
Policymakers push for ways to mitigate California’s insurance crisis - Cal Cities
State regulators and lawmakers have unveiled several proposals that could address California’s insurance crisis. Californians statewide are struggling to secure and keep home and property insurance...
State regulators and lawmakers have unveiled several proposals that could address California’s insurance crisis. Californians statewide are struggling to secure and keep home and property insurance...
calcities.org /
Article / 12 days ago
Allstate to write in California when it can price for cat models & reinsurance costs
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
US insurer Allstate has said that it will resume underwriting policies in California once new regulation has been enacted that allows it to price...
Article / 18 days ago
The California Department of Insurance's hearing on catastrophe modeling and insurance
The hearing relates to a proposed regulation that would allow for the use of wildfire and flood catastrophe models for residential property insurance ratemaking...
The hearing relates to a proposed regulation that would allow for the use of wildfire and flood catastrophe models for residential property insurance ratemaking...
Article / 20 days ago
Lloyd's and the UNCDF to run parametric insurance training in climate vulnerable countries
Lloyd's, the world's leading marketplace for insurance and reinsurance, has progressed a partnership with the United Nations Capital Development...
Lloyd's, the world's leading marketplace for insurance and reinsurance, has progressed a partnership with the United Nations Capital Development...
PR / 2 months ago
COP 28 Video: Confronting Climate Risks Through Financial Resilience Part 1
In this first of 2 videos connected with the 2023 United Nations Climate Change Conference, more commonly referred to as COP28,...
In this first of 2 videos connected with the 2023 United Nations Climate Change Conference, more commonly referred to as COP28,...
Video / 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 / 7 months ago
Moody’s RMS North Atlantic Hurricane Models Version 23 Certified by Florida Commission on Hurricane Loss Projection Methodology
Moody’s RMS is the first risk modeling company to gain approval under the 2021 FCHLPM standards...
Moody’s RMS is the first risk modeling company to gain approval under the 2021 FCHLPM standards...
PR / 11 months ago
Moody’s RMS’ Steel: Exclusions will be an “inhibitor” to cyber market growth - The Insurer TV
Moody’s RMS general manager Mike Steel has issued a rallying call for the industry to step up its efforts to work together in partnership with modelling firms to add...
Moody’s RMS general manager Mike Steel has issued a rallying call for the industry to step up its efforts to work together in partnership with modelling firms to add...
Video / 12 months ago
Harder reinsurance & retro pricing has implications for UK insurers: PRA
The UK's Prudential Regulation Authority (PRA) of the Bank of England has warned that general insurers may fare worse in their stress tests...
The UK's Prudential Regulation Authority (PRA) of the Bank of England has warned that general insurers may fare worse in their stress tests...
Article / 1 year ago
What if the disaster models are wrong? - CU
For nearly a quarter century, the Office of the Superintendent of Financial Institutions (OSFI) has required Canadian P&C carriers to…
For nearly a quarter century, the Office of the Superintendent of Financial Institutions (OSFI) has required Canadian P&C carriers to…
canadianunderwriter.ca /
Article / 2 years ago