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US property rate debate rages as natcats soar
08 February 2024Demands for higher rates for homeowners coverage are creating tensions among consumer groups, regulators and underwriters. Sarfraz Thind reports on attempts to sustain the market as natural catastrophe losses mount
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APCIA issues warning over federal natcat backstop bill
15 January 2024Adam Schiff, Democratic representative for California, introduced the bill last week
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Dave Snyder: We will advocate for a greater society-wide focus on loss prevention and mitigation
26 December 2023Dave Snyder, vice president of policy, research and international for the American Property Casualty Insurance Association, discusses how artificial intelligence regulation has developed and how "political polarisation" has impacted firms
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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 trade bodies back European insurers' stance on Eiopa's cross-border reinsurance consultation
31 October 2023ACLI, APCIA and RAA concerned that EU-US covered agreement could be violated
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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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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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APCIA hails passing of Florida property insurance bill
16 December 2022The bill creates a $1bn reinsurance fund for flood relief
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Legal abuse and fraud, not natcats, threaten stability of US property insurers
25 August 2022North American re/insurers have warned of a catastrophe that could bankrupt the insurance industry - and it's nothing to do with hurricanes or earthquakes, as Josh Geer reports
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Fighting fires in the US
11 August 2022Wildfires are raging once again and insurers are under pressure to maintain coverage in high-risk regions. But the industry can do more to help itself and society as David Sampson, president of the American Property Casualty Insurance Association, explains to Sarfraz Thind