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APCIA hits back at Chubb's pandemic insurance proposals
15 July 2020The argument is exposing fissures in the US pandemic insurance debate
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US associations unveil pandemic insurance proposal
22 May 2020Differs from terrorism-risk model being debated in Congress
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Californian P&C insurers hit out at workers compensation order
07 May 2020State governor's edict "jeopardises stability" of compensation system, APICA argues
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Covid-19 reveals the cracks in the US insurance system
20 April 2020US insurers have been getting a beating in their response to the Covid-19 crisis. Their latest move to rebate auto premiums shows the fissures in their approach and the lack of a cohesive regulatory response. Sarfraz Thind reports
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US motor insurers return $800m in premiums to customers hit by Covid-19
07 April 2020Allstate and American Family move comes as lobbyists pressure insurance industry
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Retroactive BI liabilities for Covid-19 jump 13% for US insurers
07 April 2020Virus spread spurs APCIA to revise its estimates for potential business interruption damage
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US insurers in Covid-19 coverage crisis
24 March 2020Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
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US P&C insurers criticise California's non-renewal moratorium
06 December 2019California’s insurance commissioner has stopped non-renewals in the state’s wildfire risk areas
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IAIS Abu Dhabi: Why the Treasury and NAIC returned different ICS conclusions
19 November 2019"Team USA" voiced wildly divergent tones in their reaction to the ICS talks in Abu Dhabi last week. But, despite their strong statements, the US negotiators appear to be in accordance over zero implementation of IAIS's capital accord and the potential to move forward with compromise. Sarfraz Thind reports
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Fema finally delivers new US flood risk model
18 March 2019Risk Rating 2.0 to go live in 2020 providing more accurate reflection of flood risk