Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to ...
Demystifying IFRS 17
In this informative webinar, we dive into the complexities of IFRS 17, the International Financial Reporting Standard for insurance contracts.
In this informative webinar, we dive into the complexities of IFRS 17, the International Financial Reporting Standard for insurance contracts.
Video / 3 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 / 9 months ago
Fla. insurer of last resort now top 10 US homeowners writer amid market turmoil
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Article / 10 months ago
State Farm pullback intensifies spotlight on California's rate-approval process
A decision by California's largest homeowners insurer to stop writing new property and casualty policies has hastened calls to revise the state insurance...
A decision by California's largest homeowners insurer to stop writing new property and casualty policies has hastened calls to revise the state insurance...
Article / 10 months ago
Global insurers face raft of challenges from sanctions targeting Russia
The rapidly changing sanctions environment, as governments try to punish Russia for its invasion of Ukraine, could cost the industry business, trigger claims and increase operational complexity...
The rapidly changing sanctions environment, as governments try to punish Russia for its invasion of Ukraine, could cost the industry business, trigger claims and increase operational complexity...
Article / 2 years ago
Potential for federal climate risk intervention draws insurance industry ire
The National Association of Professional Insurance Agents said the state insurance regulatory system has worked well for more than a century and called the existence of the Federal Insurance Office...
The National Association of Professional Insurance Agents said the state insurance regulatory system has worked well for more than a century and called the existence of the Federal Insurance Office...
Article / 2 years ago
CEOs call single-digit ROEs for reinsurers 'crazy,' 'not acceptable'
Panelists at an S&P Global Ratings conference predicted that the reinsurance industry will make returns of less than 10% in 2021, but said the volatility they assume is worth more...
Panelists at an S&P Global Ratings conference predicted that the reinsurance industry will make returns of less than 10% in 2021, but said the volatility they assume is worth more...
Article / 3 years ago
COVID-19 could focus insurers' minds on climate change risks
Rather than distracting insurers, the pandemic is teaching them lessons about how they should respond to other systemic risks, according to specialists...
Rather than distracting insurers, the pandemic is teaching them lessons about how they should respond to other systemic risks, according to specialists...
Article / 4 years ago
Data transparency 'key' to end racial disparities in insurance, regulator says
California Insurance Commissioner Ricardo Lara spoke with S&P Global Market Intelligence about the impacts of the pandemic, the need to eradicate discrimination...
California Insurance Commissioner Ricardo Lara spoke with S&P Global Market Intelligence about the impacts of the pandemic, the need to eradicate discrimination...
Article / 4 years ago
Retroactive business interruption cover would make pricing 'astronomical'
Washington Insurance Commissioner Mike Kreidler said regulators are united in their opposition toward retroactively forcing insurers to cover business interruption claims that were...
Washington Insurance Commissioner Mike Kreidler said regulators are united in their opposition toward retroactively forcing insurers to cover business interruption claims that were...
Article / 4 years ago
