Sarfraz Thind

Florida urged to improve building standards as Fema cuts flood subsidies

State currently has highest insurance rates in US, nearly double second-placed Louisiana

US insurance body praises Indiana and Georgia efforts to combat legal abuse

States provide a "clear roadmap" for successful legal system abuse reform efforts, says III

State Farm has rating cut as hit by challenging market conditions

Life reinsurers spy a goldmine in Asia

A $3trn market is waiting to be tapped and asset-intensive reinsurers are priming themselves to be there, as Sarfraz Thind reports

US regulators push insurers to reduce exposure to Everton bidder

A-Cap currently has $2.9bn exposure to 777 Partners, FT finds

Trump gets $175m bond from Knight Insurance

Previously rejected by Chubb as ex-president seeks to fight fraud case

NAIC adopts national climate resilience strategy

The move is designed to battle US insurance crisis

NAIC climate data call could leave FIO in the cold

Climate and its impact on insurers has been a source of acrimony between state and federal insurance regulators in the US. The NAIC's recently issued climate data call, following the initiative of FIO, might not represent the warming of relations it initially seems. Sarfraz Thind reports

Howden paints gloomy picture of risks in 2024

"Biggest election year in history" will intensify macro risk, says insurer

PartnerRe gets $487m benefit for Bermuda tax change