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US insurer climate data collection should avoid duplication, FIO told
08 November 2023APCIA said state regulators have already been collecting climate date for years
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The race to respond to social inflation
03 November 2023Insurers have a huge task ahead in addressing the factors behind social inflation, including society's distrust of big corporates, social media amplification and litigation methods. But others argue it's a manufactured crisis. Sarfraz Thind reports
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US insurers expect heavy burden from California's new climate bills
12 October 2023Scope 3 reporting requirement presents significant challenges for industry, critics say
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Ricardo Lara instigates biggest insurance reform since Proposition 103 to fix California's crisis
22 September 2023Watchdog group says plan will lead to soaring rates as seen in Florida
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Who's to blame for the US insurance crisis?
01 September 2023Is the growing US property insurance crisis caused by greedy insurers or sleepy regulators? Sarfraz Thind speaks to industry and consumer groups to get their perspectives
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Storms like Hilary not main worry for California insurers, wildfires are, APCIA says
25 August 2023California regulator is researching continued impact of climate change
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US auto inflation continues to bite
24 July 2023Auto claims have risen faster than underlying inflation rate, APCIA finds
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California's antiquated insurance market needs reform, says APCIA
23 June 2023The association said the state's insurers cannot operate without freedom to manage own risk exposures
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Climate alliances crumbled by anti-woke politics
01 May 2023The unravelling of the Net-Zero Insurance Alliance owes a lot to right-wing US politics, where ESG and climate action is seen as a threat to business, as Sarfraz Thind discovers
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More insurance bodies round on FIO's climate data call
22 December 2022Other campaigners demand Federal Insurance Office focuses on low-income communities