Insurtechs’ Approach to Wildfire Insurance: Part I – Delos January 21, 2025 By Allen Laman While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B January 20, 2025 Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20...
General Motors Settles With FTC Over Sharing Driver Data January 17, 2025 By Josh Sisco and Leah Nylen The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by...
P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman January 17, 2025 The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to...
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured January 17, 2025 By Susanne Sclafane CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion...
Cyber Insurance Market to Expand as Risks Evolve: Gallagher January 17, 2025 While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in...
Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action January 17, 2025 By Don Jergler Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss...
FBI Warned Agents It Believes Phone Logs Hacked Last Year January 17, 2025 By Jake Bleiberg and Margi Murphy FBI leaders have warned that they believe hackers who broke into AT&T Inc.’s system last year stole months of their...
White House Aims to Bolster Cybersecurity With Last-Minute Order January 16, 2025 By Jake Bleiberg President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and...
DOJ Reports $2.9B Recovered in False Claims Act Litigation January 16, 2025 Litigation under the False Claims Act generated more than $2.9 billion in settlement and judgments the last fiscal year, according...