Insurance Business America

Program's sustainability remains in question As Hurricane Milton nears landfall and in the wake of Hurricane Helene, the long-term sustainability of the National Flood Insurance Program (NFIP) remains in question,

Wind, storm surge, and flooding drive losses, with NFIP claims reaching billions Moody's RMS Event Response has estimated that total US private market insured losses from Hurricane Helene will range

Dealmaking saw a new low in H1 2024 Insurance companies in the US and Canada slowed their pace of mergers and acquisitions this year, deterred by elevated interest rates, economic

How to help brokers get more comfortable talking about risk Earlier this month, the catastrophe data service PERILS announced the expansion of its US Cyber Industry Loss Index to include

Strategy must guide its use, innovation lead advised Jillian Badanes, growth and innovation lead for the Americas at Swiss Re, emphasized the need to focus on business processes and stakeholder

Evacuation plans, emergency supplies, and securing homes are essential As Hurricane Milton approaches Florida's west coast, the Reinsurance Association of America (RAA) is advising brokers to guide their clients on

"Client demand drives our expansion" Geocoding is rapidly becoming a critical tool for the insurance industry, enabling more precise risk assessment by pinpointing the exact location of insured properties. As

The surge in pet ownership means this segment is thriving The pet industry in the US has seen explosive growth over the last decade, fuelled by a deepening emotional connection

Insurers are adjusting to emerging threats A panel at the WSIA Annual Marketplace in San Diego, hosted by AM Best, discussed the evolving cyber insurance landscape, focusing on a shift

Both will spearhead data-driven solutions and AI product management New York Life has announced the appointment of Vikas Sharma (pictured above left) as chief data officer and Achuth Rao (pictured