Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates September 30, 2022 Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by...
Hurricane Ian Threatens Heavy Losses for Catastrophe Bond Holders September 30, 2022 By Max Reyes Investors who backstop Florida’s insurance industry by buying catastrophe bonds are girding for substantial losses from Hurricane Ian, threatening to...
Sex Abuse Allegations Spread Against Cheerleading Industry September 30, 2022 Sprawling allegations of abuse against cheerleaders reached Tennessee on Monday in a case that escalates the accusations facing some of...
Industry Experts Talk Future of Insurance at 2022 ITC Conference September 29, 2022 Our editorial team caught up with attendees at the 2022 InsureTech Connect conference in Las Vegas. Industry experts took the...
Big I’s Symington Promoted to EVP Before Taking Over as CEO Next Year September 29, 2022 Charles Symington has been appointed to the role of executive vice president at the Independent Insurance Agents & Brokers of...
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File September 29, 2022 By William Rabb Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk September 29, 2022 The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every...
Storm Ian Weakens as Millions Left Without Power September 29, 2022 By Brian K. Sullivan and Will Wade Ian was downgraded to a tropical storm as it continued to move northeastward across central Florida, with a massive and...
HP Enterprise to Pay $8.5 Million to Settle Gender Pay Gap Suit September 29, 2022 By Robert Burnson Hewlett Packard Enterprise Co. agreed to pay $8.5 million to resolve a lawsuit that alleged it pays female employees less...
Intensifying Storms Are Fueling a Record $17 Billion Bond Barrage September 29, 2022 By Scott Carpenter Bonds sold to help US utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst...