Aon, Floodbase, Swiss Re Team on Parametric Storm Surge Solution for US Hurricane February 5, 2025 Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related...
Markel Reorgs Professional Liability Products February 5, 2025 Special insurer Markel said it is realigning its U.S. professional liability products into four pillars: management liability, errors & omissions...
NC Governor Tests Lawmakers With Hurricane Helene Recovery Funding Request February 5, 2025 By Gary Robertson RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein asked state legislators Monday to roughly double their spending so far...
DeSantis’ Budget Would Triple Funding for Wind Mitigation Grant Program February 5, 2025 Florida’s 2025-2026 state budget, as proposed by Gov. Ron DeSantis, would provide some $600 million for home and condominium hardening...
Viewpoint: Cyber Risk and AI – The Changing Landscape February 5, 2025 By Lawrence A. Gordon Newswise — In today’s world of interconnected computer-based information systems, cyber risk has become one of the critical risk factors...
Markets/Coverages: MGA Rokstone Expands Portfolio Into Financial Institutions February 5, 2025 Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, has announced the launch of a D&O...
Australia Bans DeepSeek From Government Tech Over Security February 5, 2025 By Ben Westcott Australia has banned DeepSeek AI services from all government systems and devices, becoming one of the first countries to take...
UK Commits £2.65 Billion to Tackle Rising Flood Risk February 5, 2025 By Olivia Rudgard The UK will spend £2.65 billion ($3.31 billion) on flood defenses to protect homes from the growing risks posed by...
Allianz, IAG Said to Mull Bids for Top Western Australia Insurer February 5, 2025 By Harry Brumpton, Manuel Baigorri and Stephan Kahl Insurance firms Allianz SE and Insurance Australia Group Ltd. are among parties considering bidding for Western Australia’s top insurer, according...
People Moves: AXA XL Hires Bakker for Environmental Post; Tokio Marine HCC Appoints Gaine Head of N.A. Distribution February 5, 2025 AXA XL Hires Bakker as Head of Environmental Package Solutions, Middle Market, Americas AXA XL in the Americas hired Peter...