The California FAIR Plan, the state’s insurer of last resort, has reported a combined exposure of approximately $4.8 billion due to the Pacific Palisades and Eaton fires in the Los Angeles area.

Nonprofits today are navigating an increasingly precarious landscape when it comes to managing risks associated with abuse and molestation claims. For many organizations, maintaining adequate ...

The RATESDOTCA Annual Best Auto Insurance Study, which surveyed policyholders in Ontario and Alberta, found that 82% of ...

Ontario’s Financial Services Regulatory Authority (FSRA) is ramping up efforts to address compliance issues in the health ...

The Canadian government is investing over $4.5 million in nine projects across southern Ontario aimed at enhancing the ...

The American Property Casualty Insurance Association (APCIA) has approved new leadership for its board of directors, effective Jan. 1. Dino E. Robusto (pictured above), executive chairman of the ...

Gallagher Re’s 2024 Natural Catastrophe and Climate Report revealed that global natural disasters resulted in an estimated US$417 billion in direct economic losses last year, with insurers ...

The Bermuda reinsurance market expects to manage the financial implications of the recent California wildfires, which have caused an estimated US$250 billion in damages and economic losses.

Renuka Nar has been appointed as head of broking for the practice. Reporting to Shailendra Sapra, CEO of Aon’s reinsurance ...

Prudential Financial, Inc. is transferring approximately US$7 billion in reserves from its recently issued USD-denominated ...

AM Best also affirmed the ratings for SCOR’s subsidiaries, such as SCOR UK Company Limited and SCOR Global Life USA ...

The National Association of Insurance Commissioners (NAIC) anticipates $167 million in revenue for 2025, including investment income, against projected expenses of $173.6 million. The $6.6 million ...