
Senior Treasury Officials’ Computers Hacked in Cybersecurity Breach
Chinese state-backed hackers reportedly accessed unclassified files on senior U.S. Treasury leaders’ computers in a major breach involving a federal software provider.
January 3, 2025
Insurance Industry
Litigation
Risk Management
Technology

Classic Car Owners Struggle as Auto Insurance Costs Skyrocket
Classic car enthusiasts face rising insurance premiums, with rates climbing six times faster than inflation, leaving many overpaying for insufficient coverage.
January 3, 2025
Auto
Insurance Industry
Liability
Risk Management

Global Flood Losses in 2024 Reach $18.2 Billion as CRESTA Integrates Into PERILS
Flooding caused 78% of global catastrophe losses in 2024, totaling $18.2 billion. CRESTA integrates its loss index into PERILS for streamlined reporting starting January 2025.
January 3, 2025
Catastrophe
Insurance Industry
Risk Management
Technology

California Mandates Increased Home Insurance in Wildfire Zones
California introduces new regulations requiring insurers to increase home coverage in wildfire-prone areas, aiming to stabilize the insurance market and support homeowners.
January 3, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
California

The Insurance Gold Rush: How Digital Nomads Are Redefining Global Coverage
The rise of remote work and international hiring is driving innovation and growth in commercial insurance, offering tailored solutions to meet the diverse needs of a global workforce.
January 3, 2025
Insurance Industry
Life & Health
Risk Management
Technology

How New Technology and Standards Are Transforming Insurance Modeling Practices
New accounting standards like IFRS 17, coupled with advanced technologies such as AI, are reshaping insurance modeling, offering operational savings and strategic insights.
January 3, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Technology

Why This Trucking Insurance CEO Chooses Dashcams Over Telematics
Harish Kapur, CEO of Across America Insurance Services, challenges telematics’ reliability in trucking, advocating for dashcams as a superior solution while emphasizing strategic partnerships and efficient claims management.
January 3, 2025
Auto
Liability
Risk Management
Technology

Turo Faces Scrutiny After Deadly Attacks Highlight Risks of Peer-to-Peer Rentals
Recent deadly incidents involving vehicles rented on Turo’s platform have raised questions about safety protocols and risk assessment, potentially complicating the company’s IPO aspirations.
January 3, 2025
Liability
Litigation
Risk Management
Technology
Louisiana
Nevada

Understanding MGA Insurance: Roles, Benefits, and Industry Impact
Managing general agents (MGAs) streamline insurance operations, providing specialized expertise, niche market access, and innovative solutions to carriers, agents, and policyholders.
January 3, 2025
Insurance Industry
Risk Management
Technology
Underwriting

Reinsurers Expand Capacity Amid Growing Property Catastrophe Appetite
Strong reinsurer appetite for property catastrophe renewals has driven capacity growth, exceeding demand increases, with rate reductions and favorable market conditions shaping outcomes.
January 3, 2025
Catastrophe
Property
Risk Management

What 2025 Holds for Climate: EVs, Coal, and Green Energy Shifts
In 2025, the global green transition faces challenges and opportunities, from rising EV sales and nuclear energy interest to increased coal reliance and stricter PFAS regulations.
January 3, 2025
Legislation & Regulation
Property
Risk Management
Technology
California
New York

Why Digital Transformations Are Struggling to Deliver Results
Life insurers face persistent challenges in digital transformation, including data accessibility, prioritizing business needs, gaining employee buy-in, and selecting the right partners.
January 3, 2025
Insurance Industry
Life & Health
Risk Management
Technology

Transforming the Insurance Industry in 2025
Insurers must embrace innovative technologies and business models to address emerging risks, close protection gaps, and adapt to a rapidly evolving market landscape.
January 2, 2025
Catastrophe
Insurance Industry
Risk Management
Technology

The Essential Role of Data Cleansing in Insurance Operations
Accurate data is vital for insurance success, impacting underwriting, compliance, and customer satisfaction. Discover how cleansing processes ensure quality and reduce risks.
January 2, 2025
Insurance Industry
Risk Management
Technology
Underwriting

Rising Home Insurance Nonrenewals Reshape Housing Market Across the U.S.
As climate-driven disasters increase, nonrenewed home insurance policies are surging nationwide, impacting property values, mortgages, and economic stability in vulnerable communities.
December 30, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
California
Colorado
Connecticut
Florida



