News
As Full Recession Odds Fall, ‘Richcession’ Could Play Out
The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the quarter after that. Or maybe next year. So is a ...
State Insurance Regulation of Climate Issues ‘Fragmented’: FIO Report
The Federal Insurance Office (FIO) has released a new report analyzing climate-related issues and gaps in U.S. insurance supervision and regulation, saying state regulatory efforts are fragmented and ...
Insolvency Cost: Florida Tapping Muni Bond Market For First Time In Decades
The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is ...
The Latest Launches from Blink Parametric, Insurance Software Automation
Blink Parametric and Getcover.com, a trading name of London-based Lloyd's broker Newpoint Insurance Brokers Limited, have partnered to launch a suite of bespoke online travel insurance products using ...
InsurTech Profile: Instanda CEO Driven by Sense of Purpose
Those close to Tim Hardcastle could describe him as someone with a restless spirit. That's true for his ability to identify problems and optimize solutions in the finance and insurance industries. ...
How Insurance Is Addressing Climate Change Risks
Insurers have come a long way on climate change, but they have a long way to get where we need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance ...
Carrier Tech Investments Mean More Than Commissions: Agents Survey
Prioritizing technology investments to enhance the broker/agent experience and improve customer service offers insurance carriers competitive advantage, according to a new survey of U.S. agents and ...
Explainer: How the Federal Reserve Stress Tests U.S. Banks
The U.S. Federal Reserve was due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT). Under the "stress test" exercise, the Fed tests big banks' balance ...