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The FIO's climate letters reveal burning desires
The Federal Insurance Office (FIO) has published a raft of comment letters after its request for information on climate regulation. Could this be the tinder to spark new rules? Sarfraz Thind reports
FSOC climate report: more talk than action
US Federal authorities released their much-awaited report on climate risk in the finance industry. Though comprehensive on current practices, the report treads lightly in its recommendations for what should be done. Sarfraz Thind explains
Insurance Risk & Capital Americas virtual conference continues today
Three tracks will examine the risk, investment and ESG factors impacting insurers
The US Climate Survey: good, bad and ugly
US insurers' efforts to understand and mitigate climate risks is difficult to discern, but the NYDFS and InsuranceERM have dug into the NAIC's annual survey to find patchy progress and some surprising opinions. Sarfraz Thind and David Walker report
Lawyer says he has "smoking gun" in US business interruption case
John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports
Operational risk best practice for insurers
Expert insights from the InsuranceERM Americas 2020 conference
Bermuda Monetary Authority appoints insurance supervisor
Gerald Gakundi brings regulatory and industry experience to role
Racial equality is overwhelming message at NAIC meeting
President Ray Farmer calls 2020 a moment of historical inflexion, commits NAIC to change
NAIC creates 'race and insurance' committee
Will look at race bias and ways of increasing diversity in industry
US lawmakers pressure insurers on Covid-19 business interruption claims
Seven US states have bills that would force insurers to cover business interruption claims