The Latest

Investment funds based on parametric insurance have the potential to beat cat bond returns, according to Rhodri Morris, a portfolio manager at Twelve Securis.

The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.

AITC co-founder Scott Harrison tells NAIC working group to avoid uncertain, imprecise definitions that could confuse compliance efforts.

Aon launches a broker copilot; Munich Re partners on AI and more insurance news and career moves. 

Climate resilience efforts such as new flood defense systems and building codes have offset potential insured losses in New Orleans, according to Swiss Re report.

IoT devices are generating real-time data insurers can harness to assess risk more accurately.

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.

The state's insurer of last resort is facing an investigation by the California Department of Insurance as well as lawsuits from policyholders.

Florida's insurance markets could be in a better position to withstand disasters' impact spreading to its housing market, although FEMA cuts will impact the state's resources, an insurance expert and author said.

Kimberly Burdi-Dumas, VP of insuretech at DocuSketch, shares how tech is impacting insurance.