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5 mins read

Biden's first post-debate interview could ultimately decide his fate

President Joe Biden is under mounting pressure as he faces forgoing his reelection campaign.

Dan DeFrancesco   


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2 mins read

Insuring your home in Colorado can cost $40,000 as the climate crisis wreaks havoc on the market, one insurance CEO said

Insurance CEO Oscar Seikaly said $7,000 premiums are now $40,000 in Aspen, Colorado. "Everybody wil…

Dan Latu   


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2 mins read

Natural disasters are making it harder for you to insure your home — and costing homeowners thousands

The fingerprints of the climate crisis and its economic costs are all over rising insurance premium…

Dan Latu   


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2 mins read

Stock market winners and losers are already emerging from the next extreme weather cycle

Shifting weather patterns this year have sent insurance stocks climbing upwards and utilities and c…

Aruni Soni   


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2 mins read

Allstate joins State Farm in no longer offering new home insurance policies in California over climate risks

Devastating wildfires and high construction costs have left Californians without Allstate and State…

Jordan Hart   


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2 mins read

What do homeowners in California and Florida have in common? A major insurance problem

Home insurers in California and Florida have pulled out or limited their policies in the states, du…

Kelsey Vlamis   


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2 mins read

Perfect storm sets up catastrophe bonds for record returns this year as investors price in climate costs

Catastrophe bonds promise a high return if a certain natural catastrophe doesn't happen.

Aruni Soni   


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5 mins read

As the climate crisis intensifies, insurers will likely reshape where people live — leaving desperate homeowners in the lurch

As private insurers exit high-risk states such as California, homeowners will be forced to buy pric…

Catherine Boudreau,Dan Latu   


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1 min read

The Indian insurance sector creates a ₹500 crore fertilizer pool to cover Russian exports

"With European reinsurers not willing to provide reinsurance support to imports from Russia and …

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1 min read

58,000 PSU general insurance employees go on strike seeking pay revision

About 58,000 employees in the government owned general insurance and reinsurance companies are on s…

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5 mins read

Climate change migration: Where people are moving to escape wildfires, extreme flooding, and record heat

Climate change makes extreme weather more powerful and frequent. Some Americans are moving to avoid…

Dan Latu   


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3 mins read

Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions

The Unions also said the proposed amendments does not define the term liability which may lead t…

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2 mins read

GIC Re unions question the bell curve appraisal system that was junked by its consultant, KPMG

"The bell curve appraisal system that has already been defunct in many organisations is being …

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2 mins read

Russia has continued to use Western insurance services to ship its oil despite sanctions

Critics have blasted the Russian oil price cap for being ineffective, with little impact on Russia'…

Jennifer Sor   


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3 mins read

'We're in a perfect storm.' Insurers flee parts of America amid the climate crisis and rising costs to rebuild.

Property insurers are fleeing California, Florida, and Colorado following a rise in natural disaste…

Catherine Boudreau   


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2 mins read

PSU general insurance unions call off their Jan 4 strike

The unions in the government-owned general insurance companies and General Insurance Corporation of…

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3 mins read

Warren Buffett's Berkshire Hathaway likely boosted its Chevron bet last quarter. Here are 6 key insights from its Q3 earnings.

Buffett's company benefited from higher interest rates and a stronger dollar, and has ramped up its…

Theron Mohamed   


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1 min read

European Commission eases coal sanctions on Russia to avoid harming 'energy security'

Transporting goods like coal "should be allowed to combat food and energy insecurity around the wor…

Phil Rosen   


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2 mins read

Premiums on new life insurance premiums for both term plans and endowment are rising

The rise in premiums comes as the life insurance companies are struggling with the highest claim…

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2 mins read

General insurance PSUs wage hike issue: govt to brief unions today

With talks on wage revision on between the unions in the public sector general and reinsurance comp…