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Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.
February 11
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Earlier this week, NOAA scientists and staff were told to log and clear all international contacts and communication, according to internal communications seen by Bloomberg News.
February 10
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As a market leader, Rocket Companies rebranding comes in the foreground of several court battles and fluctuating earnings performance.
February 10
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The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge for all involved.
February 10
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There were about 50 funding events in the insurtech sector in January, according to a review by Digital Insurance.
February 10
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Sara Shipley, INSTANDA chief human resource officer, shares how digital transformation impacts the tech skill barrier.
February 9
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Key topics at the event included the talent gap, rising costs, extreme weather, connecting and caring.
February 6
UP2Now LLC -
Travelers' Joan Woodward details a new initiative focused on mental health and wellbeing in the workplace in the latest DigIn podcast.
February 6
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A new study asked insurance providers their thoughts on claims, risk, AI, climate change and more.
February 5
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Joan Woodward of the Travelers Institute discusses the shifting dynamics of the modern workplace and the importance of focusing on mental well-being.
February 5
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Before the wildfires, California decided to pass on reinsurance costs to policyholders. After the fires, California is considering catastrophe bonds to help shore up the state's insurer of last resort. A consumer advocate says these measures concentrate too much risk locally and do not improve home insurance availability.
February 4 -
Sure, an embedded software insurtech, started on an airplane.
February 4
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Regulator says it will rule urgently; Consumer Watchdog says insurer must disclose more information to justify an increase.
February 4
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(Bloomberg) --State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
February 4
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Terms of home insurance policies and rising construction costs will affect how those who lost their homes in the Los Angeles wildfires can rebuild.
February 3
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California had the most natural disasters over the 20 year period according to a study from MoneyGeek.
February 3
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Embedded insurance is breaking down barriers to coverage.
February 2
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Tech companies Wuuii and ZestyAI enhance underwriting with risk evaluation capabilities.
February 2 -
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake of Los Angeles-area wildfires.
January 31
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The recovery of local governments and utilities from hurricanes Helene and Milton continues but the outlook for next season and beyond is troubling.
January 30
