A new report from Moody’s ESG Solutions drives home the point that climate change is here and now, and it is already causing death and destruction. The report from Natalie Ambrosio Preudhomme, assistant vice president-outreach & research, for Moody’s ESG …
Increasingly large and dangerous wildfires are being driven by the effects of climate change and more building in the wildland-urban interface, and while that notion may not be entirely new, the scope of the increase laid out on Thursday by …
Destructive and costly wildfires in the western U.S. over the past several years are driving efforts to better understand wildfire risk, ways to more effectively prevent and mitigate wildfires, and approaches to insuring against wildfire risk exposures, according to a …
Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty business of Ironshore, a Liberty Mutual company. As national manager, E&S Casualty, Pancoast, who is based in Atlanta, is responsible …
Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the Terrorism Risk Insurance Act as some have urged. …
As Congress considers reauthorization of the National Flood Insurance Program (NFIP), it should take into account specific insurance market, technological advances and other developments in weighing its options, according to the nation’s actuaries. A new report, “National Flood Insurance Program: …
RMS and a group of actuarial societies each rolled out new products designed to respectively help measure risks related to earthquake and weather events. In RMS’ case, the catastrophe modeling firm gained regulatory approval in Peru to start marketing its …
Mike Boerner, director of the actuarial office for the Texas Department of Insurance (TDI), is the 2015 recipient of the Robert J. Myers Public Service Award from the American Academy of Actuaries. The award will be presented at the Academy’s …
The U.S. Supreme Court’s ruling to keep the Affordable Care Act largely intact is a step toward ensuring that health insurance markets attract a broad cross section of risk, a cornerstone to any viable health insurance market, according to insurance …
