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Category: Insurance


Capital and Risk, Insurance

China Revives Sale of Dajia Insurance, the Firm Created to Take Over Troubled Anbang

April 9, 2021

Via: Insurance Journal

China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of troubled Anbang Insurance Group Co., as the government seeks to turn the firm over to private investors, according to people […]


Capital and Risk, Insurance, Operational

NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.

April 5, 2021

Via: Insurance Journal

The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step for both insurers and insureds because it calls on insurers to consider more explicitly how they measure their cyber risk […]


Capital and Risk, Insurance, Regulations

Fate of Florida Insurance Reforms Uncertain as Lawmakers Weigh Industry-Backed Bills

March 26, 2021

Via: Insurance Journal

Two bills designed to deal with Florida’s crumbling property insurance market have embarked on divergent paths in the state legislature as lawmakers approach the final weeks of the 2021 session. Senate Bill 76 and House Bill 305, both originally supported […]


Capital and Risk, Insurance

North Carolina Insurers Request Increases on Mobile Home Policy Rates

March 23, 2021

Via: Insurance Journal

The North Carolina Rate Bureau has filed a request with the North Carolina Department of Insurance to increase insurance rates for mobile home policies. The NCRB, which represents insurance companies and is not a part of NCDOI, has requested an […]


Capital and Risk, Insurance

Self-Insured Minneapolis Will Tap City Budget to Pay Floyd Settlement

March 17, 2021

Via: Insurance Journal

Minneapolis will have to look beyond its insurance fund to pay out the $27 million settlement to George Floyd’s family over his killing by police last year. The settlement, one of the largest pre-trial payments for police misconduct ever, will […]


Capital and Risk, Insurance

Study: Floridians in Flood Zones Underpaying for Flood Insurance by Average of 379%

March 15, 2021

Via: Insurance Journal

If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group focused on […]


Capital and Risk, Insurance, Regulations

Credit Suisse Faces Questions from Regulators, Insurers After Collapse of Greensill Funds

March 11, 2021

Via: Insurance Journal

ZURICH/TOKYO – Credit Suisse faces questions from regulators and insurers as it grapples with the fallout from the collapse of $10 billion worth of funds linked to British financial services firm Greensill Capital. The Swiss bank has hired external firms […]


Capital and Risk, Insurance

Some Insurers Strengthening Virus Exclusion Language in Policies After COVID Cases

March 5, 2021

Via: Insurance Journal

U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the coronavirus pandemic or other widespread illnesses that disrupt operations, industry sources say. New policies and renewals now define terms like […]


Capital and Risk, Insurance, Regulations

Florida Legislative Session 2021: Insurance Bills to Watch

March 3, 2021

Via: Insurance Journal

The Florida insurance industry will be fighting for property insurance reforms in the 60-day legislative session that kicked off this week, but there are several other insurance-related bills to watch. Read on for a breakdown of the bills being considered […]


Capital and Risk, Insurance

7 Things You Need to Know Before Buying Life Insurance

March 1, 2021

Via: TheStreet

Younger people, and especially those under age 45, are increasingly buying life insurance. In fact, applications for life-insurance policies jumped 4% in 2020 in the U.S., the highest annual year-over-year growth rate on record, according to the year-end MIB Life […]