USA Focus

News

Crypto insurer Breach appoints CRO

Jim Flinn hired from American National Group

KCC expects $950m insured loss from hurricane Nicholas

Nicholas made landfall as a category 1 hurricane in Texas earlier this month

NYDFS cites resource constraints in monitoring insurers' climate work

Regulators still exploring how to rule on insurance climate policies

Prudential Financial offloads $31bn in variable annuities to Fortitude Re

Latest divestment accounts for 17% of the insurer's annuity book

Learn the best ways to assess the financial impacts of climate risk

InsuranceERM's virtual conference will take place on 22-23 of September

The three elements needed for scenario analysis post-Covid

Experts discuss scenario testing trends at InsuranceERM's Americas virtual conference

Northeasten flooding to add billions to hurricane Ida losses

Insured loss estimates are on the rise following widespread flooding which followed Ida

More flood insurance cover for hurricane Ida than Harvey

CoreLogic's Tom Larsen says the increase in insurance coverage is "very encouraging".

Insurers face $425m claim for victims of Lawrence Nassar sexual abuse case

USA Gymnastics urges insurers to pay as a new settlement is disputed

FIO joins Sustainable Insurance Forum

Climate change regulation a "top priority" for the US Treasury, says FIO head

Analysis

Social inflation: 800lbs gorilla or 80lbs monkey?

Casualty insurers are complaining about rising liability losses, driven by a litigious US culture and changing social attitudes. But could a far worse catastrophe be ahead of them? Sarfraz Thind reports

Insurers need innovative solutions to address climate change risks

Willis Towers Watson's Adhiraj Maitra and Matt Scott tell Cintia Cheong how innovation helps insurers understand climate change risks and why regulators are not the only stakeholders pushing for better risk management

Maurice Perkins: Transamerica's transatlantic negotiator

Transamerica's global head of government and policy affairs talks to Sarfraz Thind about US and international insurance regulation, Biden's tax reforms and the cultural differences that keep his job interesting

Talcott Resolution's Chris Abreu: handpicking the way to successful risk management

Paul Walsh talks to chief risk officer Chris Abreu to discuss the US life insurer's separation from The Hartford, the influx of private equity capital and the impact of Covid-19 on risk management