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Insurance provider Understory gets into renewable energy following $15M Series A
TechCrunch· 7 hours agoBack in 2014, Understory co-founder and CEO Alex Kubicek was on a mission to deploy a network of...
Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re
Insurance Journal· 6 days agoProperty-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within a typical range ...
SCOR successfully sponsors a new catastrophe bond, Atlas Capital DAC Series 2024-1
Benzinga· 6 days agoSCOR has successfully sponsored a new catastrophe bond ("cat bond"), Atlas Capital DAC Series 2024-1, which will provide the Group with multi-year risk transfer capacity of ...
8 Trump losses in a row, and counting
Yahoo Finance· 5 days agoTrump seems to win points with his supporters for mouthing off to judges and prosecutors and proclaiming himself a political martyr, but he’s losing...
AM Best Downgrades Credit Ratings of Farm Bureau Mutual Insurance Company of Arkansas
Insurance Journal· 5 hours agoAM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bbb-” (Good) of Farm Bureau Mutual Insurance Company ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 23 hours agoThis would make sense given that they are limited users of retrocession, which is used by reinsurers to mitigate risks, the analysts write, adding that...
Biden’s Foreign-Policy Problem Is Incompetence
Foreign Policy Magazine· 2 days agoConstructing the pier was essentially an expensive PR stunt undertaken because U.S. officials were unwilling to force Israel to open the border crossings...
Why are home, condo insurance premiums skyrocketing?
KHON 2 Honolulu· 2 days agoHawaii State Insurance Commissioner and attorney Gordon Ito joins producer/host Coralie Chun Matayoshi to discuss what is causing home and condo property...
Better preparedness is saving lives in climate disasters, new UN chief says
The Christian Science Monitor· 1 day agoA top United Nations official says even though climate change makes disasters such as cyclones,...
The Allstate Corporation (ALL) Rose on Improved Profitability
Insider Monkey via Yahoo Finance· 1 day agoDiamond Hill Capital, an investment management company, released its “Large Cap Strategy”...