Month: June 2025

Commercial insurance

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.

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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.

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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.

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Commercial insurance

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.

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Meet the insurtech: Quantiphi

The AI-first digital engineering company helps enterprise customers navigate digital transformation, with solutions like agentic AI workflows and TSaaS.

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Meet the insurtech: Hi Marley

Hi Marley has a mission to empower the insurance industry to communicate simply and build trust.

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