Michael Shashoua

Insurers lack adequate and accurate data, even finding incorrect death certificates, making it more difficult to assess underwriting risk correctly.

AB 226, still subject to governor's approval, allows likely $1 billion of borrowing to cope with strains on the state's insurer of last resort.

New law, SB 429, California Wildfire Public Catastrophe Model Act, depends on the state's university system and its resources to check insurers' and regulators' risk modeling.

Triage spearheads U.S. expansion plans for London-based insurtech.

A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.

Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.

Upstage, founded in 2020, recently completed a funding round with backing from Amazon, validating its customizable solution for extracting information from documents.

The report, cowritten by the U.S. Chamber of Commerce and the Chamber's foundation, predicts job losses and lost economic activity, but sees prevention potential from public-private partnerships.

The home insurer's objections to an in-person public hearing with regulators are dismissed by a California administrative judge, along with efforts to separate and postpone wildfire claim handling complaints from the rate hearings.

Trinidad Navarro, insurance commissioner of Delaware, urged the National Association of Insurance Commissioners to continue developing a nationwide platform where insurance consumers can look up disciplinary and regulatory actions against agents.

Part two of Digital Insurance conversation with Amanda Turcotte, senior vice president and chief actuary at Amalgamated Life Insurance Company, on AI and data issues for actuaries.

Digital Insurance spoke with Amanda Turcotte, senior vice president and chief actuary at Amalgamated Life Insurance Company, who has served in executive roles with several carriers and an insurtech startup, about advances in insurance actuary technology.

Cuts to NOAA and NWS leave a gap in data collection that makes it harder for insurers relying on the data to accurately identify and mitigate weather and climate risks, regulation and science experts tell NAIC, the association of state regulators.

Parts of St. Louis, Missouri hit by a tornado on May 16 had high rates of uninsured properties, Brad Gerling, research data analysis manager at the Missouri Department of Commerce and Insurance, told NAIC's FEMA Working Group, at its summer meeting in Minneapolis on August 12.

NAIC, the association of state regulators, is expecting FEMA to send more of its responsibilities to state governments.

California's insurer of last resort faces regulatory orders and court fights over its funding and claims handling. The following articles track developments concerning the FAIR Plan in recent months.

Insurance industry advisors and groups say the INSURE Act proposal for a catastrophic reinsurance program won't solve rising prices and coverage crisis.

EY's insurance expert, Isabelle Santenac, spoke with Digital Insurance about how insurers are managing technology advances, as well as increasing climate and security risks.

As skills used at insurance companies more closely resemble those used in other industries, insurers face tougher competition recruiting recent college graduates, experts from Travelers, Aon and academia said.

Sarah Murrow, who became CEO of the trade credit insurer's U.S., Canada and Brazil unit on July 1, told Digital Insurance about its unique data and the advantages that it gives its clients.