Fewer storms expected in 2026 – but insurers still face losses
Where storms may strike and what it means CSU estimates a 32% probability of a major hurricane making landfall along…
Month: April 2026
CMMI Launches Program Allowing Participants to Offer Hemp Product
On April 1, 2026, the Centers for Medicare & Medicaid Services (CMS), through the CMS Innovation Center (CMMI), officially launched…
Insurance moves: The Hartford, AXIS Capital, Chubb, Euclid Transactional
Changes across distribution, claims and underwriting functions Source link
Iran-Based Hackers Target Operational Tech Connected to Internet
Iran has always been a formidable cyber threat to the United States, but after the war in Iran commenced, the…
Hawaii targets fossil fuel companies to recover climate-driven insurance losses
The Hawaii State Senate adopted Senate Resolution No. 111, as amended (S.D. 1), on April 6, 2026. The resolution was…
A ND Water Treatment Plant Victim of Ransomware Attack
Critical infrastructure operators at the water treatment plant in Minot, North Dakota, were forced to resort to manual processes when…
Progressive sues to deny fatal crash coverage over missing safety tech
It all comes down to a missing safety system and a non-trucking use clause Source link
EPA Solicits Comments on FCA Guidance Document
Key Takeaways What Happened: The U.S. Environmental Protection Agency (EPA) is soliciting public comments on its Financial Capability Assessment (FCA) guidance document, a…
Allianz sues to block excess coverage claims over alleged solar defects
The action stems from an underlying lawsuit filed by Cypress Creek EPC, LLC and related entities in California state court.…
The Annual FCM Operations Ex
For futures commission merchants (FCMs) that are clearing members of the Chicago Mercantile Exchange, it’s that time of year: Time…
A ceasefire won’t reopen the insurance market – not yet
Gulf chaos has closed the Strait of Hormuz twice – and only one of those closures is anywhere near resolved…
FDIC and OCC Codify Removal of “Reputation Risk” from Oversight
On April 7, the FDIC and the OCC jointly issued a final rule codifying the removal of “reputation risk” from…