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A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
Most insurance companies have not yet leveraged AI effectively. Here's advice for getting the most from 2024 tech investments.
More than 20% of these properties are outside of designated flood zones, according to the Natural Resources Defense Council.
In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.
Underwriters are now charging between 0.75% and 1% of the value of the ship to sail through the region.
The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.
Diversity is not just a buzzword; it's a strategic imperative for the insurance industry.
Natural disasters continue to be the leading driver of business interruption claims, Allianz reports.
The Maryland Insurance Administration hosted the South American regulator as part of the NAIC's International Fellows Program.
The Swiss Re Global Cat Bond Performance Index is up 18%, while the Bloomberg U.S. Treasury Index has dropped about 1%.
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