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Pushback expected for upcoming US flood risk model
The Risk Rating 2.0 system could mean significantly higher flood rates
US actuarial body reinstates consumer rate protection principles
CAS's earlier move seen as fuelling discriminatory rate practices in the P&C business
Insurer beats restaurant in another major US business interruption case
French Laundry told its BI policy does not include coverage for viruses
Chubb says Hartford chapter now closed
Insurers posts strong Q1 profits spurred by favourable P&C market rates
American Family licenses KCC's US cat models
Insurers' expectations around catastrophe models are rising, says KCC's chief executive
Pacific Life Re issues $800m green bond
The reinsurer says it is the largest ESG debt offering from a US life insurer so far
MassMutual pledges net zero goals
The US mutual life insurer aims to have net zero operations by 2030
NAIC accused of inertia on climate change
Insurance regulators criticised for no change to climate survey in latest meeting
The Hartford knocks back Chubb takeover bid
Chubb proposal is "not in the best interests of shareholders"
Chubb bids for The Hartford
Bid values company at $23bn