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.
-
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.
November 6 -
7Analytics, founded in Norway in 2020, focuses on specific high-resolution land and building images and data for sophisticated conclusions about flood risks.
November 6 -
Republicans win insurance commissioner races in North Carolina and Montana, Democrats win in Washington state and Delaware, according to Ballotpedia results.
November 6 -
Raju Seetharaman, CTO of the U.S. unit of the U.K.-based financial services and life insurance firm, is bringing experience gained with the parent company to expand based on digital transformation of its technology.
November 4 -
Gaya, co-founded by two Stanford business school graduates, pivoted through two related ideas before arriving at a data auto-fill product serving insurance carriers.
November 3 -
The auto insurer's CEO, Mike Zukerman, has been in the role for just over one year. He wants the use of AI to 'surprise and delight' policyholders, and with CSAA's large presence in California, he expects stabilization of an insurance market greatly affected by wildfires in recent years.
October 29 -
The state's department of insurance started hearings in early October, but a decision about the rate increase is not expected until at least December, after a contested election for insurance commissioner.
October 24 -
Insurers haven't yet applied the technology to every possible application, and also have to watch out for bias in underwriting, according to experts in the firm's insurance consulting practice.
October 21 -
Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.
October 20 -
The Fed's half-point cut in interest rates, which could be just the first such action in the current economy, will affect everything from premium rates and insurers' investments to the value of annuities and efficiency of operations.
October 16 -
Prudential-backed start-up uses AI technology to advise life insurance clients about medical care costs, addressing "sandwich" generation concerns.
October 14
