Insurers paid $1B in lightning claims: Triple-I
The cost is down 16.5% from last year, according to The Insurance Information Institute.
California is running out of safe places to build homes
The state forecasts eroding coastlines will endanger $18 billion of existing homes and commercial buildings in the coming decades.
Meet the insurtech: Quility
Brandon Ellison, Quility founder and CEO, shared about the company’s origin.
California regulator will broaden insurance of last resort
Commissioner Ricardo Lara announced greater transparency to come for FAIR Plan data, plus a broadening of coverage to commercial properties, homeowner associations and affordable housing.
Toxic smoke damage in LA homes deepens insurance nightmare
The state’s insurer of last resort is facing an investigation by the California Department of Insurance as well as lawsuits from policyholders.
Homeowners battle insurers over $2.9T climate risk
Because of its soil and its status as the world’s fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region’s potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.
Small retirement plans need stronger cybersecurity to insure accounts
Plan sponsors can turn to narrow fiduciary liability coverage rather than broader cyber risk insurance, according to a bond and insurance firm executive.
Meet the insurtech: Quantiphi
The AI-first digital engineering company helps enterprise customers navigate digital transformation, with solutions like agentic AI workflows and TSaaS.
Meet the insurtech: Hi Marley
Hi Marley has a mission to empower the insurance industry to communicate simply and build trust.
Meet the insurtech: Warrant
Ignited by the events of the SVB collapse, Warrant harnesses AI to streamline marketing compliance efforts in highly regulated industries.