Insurance group seeks collaboration to cover disaster losses
Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the protection gap.
20 states sue FEMA over cuts to disaster prevention program
States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.
Meet the insurtech: Onyx Platform
Allison Arzeno, co-founder and CEO of Onyx Platform shared the origin story and what pain points the tech is working to solve.
Meet the insurtech: Epoq
The insurtech’s core mission is to use technology to deliver comprehensive digital legal documents and attorney support at an affordable price point.
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.