Michael Shashoua is Senior Editor at Digital Insurance. He joined the site in April 2022, after working as a marketing communications writer specializing in financial technology and data management for companies including GoldenSource, FIS, Thomson Reuters, Rimes, Bloomberg, DTCC and Vested. Previous to this, he edited Inside Reference Data at Incisive Media (now Infopro Digital) for five years and deputy edited WatersTechnology at Incisive. He also covered financial technology for Global Investment Technology until 2009. His interests include comedy, podcasting, music, movies and arts and entertainment in general.
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Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.
January 10 -
The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.
January 8 -
Digital Insurance spoke with Mark de Waal, head of premium audit at Davies, about how premium audit technology is being updated to better serve small businesses' changing risks.
January 6 -
Alla Reznik, a cybersecurity technology expert at Verizon Business, spoke about measures and services small businesses can use to reduce their risks.
January 1 -
Academics with opposing views argued, in a U.S. Senate Budget Committee hearing, whether inflation and litigation, rather than climate change, are causing home insurance non-renewals and rate hikes.
December 18 -
American Forestry, a non-profit conservation group, partners with Travelers to promote proactive fire prevention methods for homeowners.
December 17 -
The California Department of Insurance and its commissioner hosted a public workshop where consumer advocates and insurers staked their positions on who should pay for the net cost of reinsurance and why.
December 16 -
A study by risk analytics firm Climate X projects which of the 12 U.S. venues and 25 European venues will suffer the most environmental damage by 2050.
December 15 -
Stadium owners' insurance rider choices can determine how they can recover from climate-related damage.
December 15 -
Digital Insurance spoke with a cyber insurer's technology expert about how different intrusions, such as deep fake scams, are covered, and the importance of protecting customer data.
December 9 -
Following a judge's ruling, California Insurance Commissioner Ricardo Lara promises clarifications on questions about rate increase processes.
December 2 -
Commercial insurance policies for cybersecurity have not yet specifically addressed deep fakes, but insurers are thinking about where it will be included or excluded.
December 1 -
AI expert told the association of state insurance regulators that collecting information on cyber attacks could give hackers clues.
November 24 -
California authorities issued their latest moratorium against non-renewal of residential property insurance after wildfires in Ventura County. It's the eighth this year and 34th since 2019. The state's insurance commissioner authored a law while a state senator to make these moratoriums automatic after a state of emergency.
November 20 -
The insurer, which offers cyber breach coverage, is helping policyholders close the gap between great concern and lack of response capability.
November 19 -
Long and complicated cyber breach litigation can be prevented with proactive precautions and quick action against intrusions, say cybersecurity insurance experts.
November 18 -
Jennifer Wilson is head of cyber at Newfront, an insurance brokerage specializing in cyber risks. Newfront advocates for clients to get the most comprehensive coverage possible for cyber attacks or systems failures. The brokerage watches how carriers have reacted to changing cyber threats. This is the second of two parts of an interview with Wilson.
November 13 -
Jennifer Wilson is head of cyber at Newfront, an insurance brokerage specializing in cyber risks. Newfront advocates for clients to get the most comprehensive coverage possible for cyber attacks or systems failures. The brokerage watches how carriers have reacted to changing cyber threats. This is the first of two parts of an interview with Wilson.
November 13 -
Risk analytics firm Climate X studied the vulnerability of all NFL stadiums, and the ones most vulnerable to climate damage aren't just those in hurricane areas.
November 11 -
As part of its opposition to a proposed rate increase by State Farm, Consumer Watchdog criticizes a reinsurance deal as more expensive than paying wildfire claims.
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