Global insurance trends

State Farms Wants to Hike Prices, Commissioner Lara is Triggered

The latest from California, where the State is attempting to regulate prices on wildfire insurance cover. Here are the details; Insurance Commissioner Ricardo Lara has called a meeting with State Farm to answer answers regarding […]

Opinion

The Wildfires will Rage on Long After the Flames Are Put Out

This article is by Rory Yates, Global Strategic Lead, EIS, and it looks at the long term impact of the wildfires in the Los Angeles area; The horrific scenes of the South California wildfires have been […]

Global insurance trends

California Wildfire Insurance: Comments Are Welcome Says Commissioner

 The latest from California as comments are welcomed on the new wildfire rules and regulations for insurers active across the State; Insurance Commissioner Ricardo Lara is inviting public input as he begins the final phase […]

Global insurance trends

One Year Moratorium on Wildfire Insurance Doesn’t Solve The Problem

In the world of politics there is a phrase called `kicking the can down the road,’ which means putting off a difficult decision since you don’t want the pushback from angry voters. Taking the decision […]

Global insurance trends

Cat Events Causing Insurers More Losses, As Asset Values Rise

Did you know that the Italian army found themselves stuck in a quagmire at Derna, Libya, back in 1911 when floods washed down the wadi? Or that much of Washington DC near the White House […]

Global insurance trends

Openly US Agent Survey: Caution and Optimism

Some interesting findings from this Openly survey which collated the feedback from agents active in the homeowners insurance market in the USA. It’s a time of change in property insurance as some brands decide to […]

News

Moody’s Estimates Potential $6bn Losses From Maui Fires

The wildfires on Maui have been devastating for many people, with lives lost and property destroyed. That said, many of the HNW individuals who own expensive homes there seem to have escaped unscathed. Here’s the […]