Severe convective storms affected Germany, France, Switzerland and northern Italy between July 13 and 19 Source link
Home insurance rates have risen so dramatically over the last decade that the average premium now exceeds the average property-tax bill in two-thirds of US counties, according to an analysis published Monday by Bloomberg Intelligence. It points to the role of insurance in the larger affordability crunch that is putting pressure on households and shaping …
With a new insurance contract law still being bedded in, a government determined to favour local reinsurers and a polarised… Source link
Insurers seeking personal and commercial lines rate changes in California can go through a voluntary review process that makes the California Department of Insurance’s initial rate analysis public before they formally file rate applications. California Insurance Commissioner Ricardo Lara on Monday introduced the Comprehensiveness Review Regulation, which allows the CDI to publish initial rate range …
Gallagher Re’s Loisel says alternative capital will be ‘sustainable’ part of casualty reinsurance market Source link
The violence that rocked France this weekend as cost-of-living protests degenerated into looting and burning nationwide is raising alert levels across Europe, where elections will be held in at least half a dozen countries next year. While France has a long history of street demonstrations, the intensity of attacks on public buildings, shops and restaurants …
Skills, legacy tech and lack of data are key barriers to deployment Source link
Taiwan plans to raise billions of dollars to develop industrial parks in the US that would build a base for a comprehensive supply chain for Nvidia Corp. and other AI hardware makers in the country. The initiative is starting with a complex in Texas that would cost as much as $4 billion to build, according …
Jane Kim leads in two polls, but many voters are unsure of their choice Source link
Ohio Attorney General Andy Wilson this week filed separate lawsuits against two home-improvement companies that allegedly took down payments from consumers but failed to provide the services promised or performed subpar work. One lawsuit seeks to help nine consumers who reported paying a combined $140,000 to Journey Home Restoration in Lorain County; the other involves …
Specialty carrier looking at growth opportunities in Europe, Turkey and South Korea, Dewey says Source link
The Texas Department of Insurance (TDI) has introduced a tool that gives drivers insight into why personal auto insurance policies in their area were declined, canceled, or not renewed. The page also shows the number of cars with insurance policies and the counts of nonrenewals, cancellations, and declinations reported by insurance companies. Users can search …