Risk

Warren Buffett's firm ramped up its reinsurance exposure to the state, looking to take advantage of rising prices.

Because of the financial risk associated with insuring such an expensive satellite, ViaSat-3 is probably covered by several policies across different companies.

In other news: Foresight, a workers' comp insurer, welcomes new commercial insurance underwriter.

The use of catastrophe models and of sophisticated AI to make coverage decisions are all under debate.

Kim shares with Digital Insurance her take on what is happening in the insurtech space in terms of venture capital funding and the impact of the climate crisis on digital solutions.

The proposal will be discussed before the NAIC's Valuation of Securities Task Force, a group consisting of state representatives.

Yellen, who also chairs the Financial Stability Oversight Council, said that a spate of extreme weather events is causing insurers to raise rates on homeowners.

Releasing an ESG report prepares you to address potential risks hidden in operations.

Farmers Insurance's latest effort to reduce risk by not renewing Georgia homeowner policies was flagged as illegal by Georgia's Insurance Commissioner and forced to be retracted.

Jeff Diem founded the insurtech to fix a problem he encountered as a residential damage contracting estimator: wildly divergent estimates of damage repair costs from contractors and insurance companies.