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The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.

In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.

Protecting their property may be more expensive and complicated than it used to be.

In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.

Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.

According to CRESTA, the largest international loss event was a sequence of earthquakes that hit Turkey in February.

Tokio Marine doesn't expect the quake to cause major strains on insurance companies.

A shift to non-traditional solutions: Parametric insurance provides an increasingly compelling alternative.