Wednesday, October 29, 2025

SCE Wildfire Fund to Pay Millions, Fast-Track Death Claims

Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …


SCE Wildfire Fund to Pay Millions, Fast-Track Death Claims
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Description: Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …
Full content: Southern California Edison said on Wednesday it would pay several million dollars each to families who lost loved ones in the January wildfires that scorched 14,000 acres in greater Los Angeles and destroyed thousands of homes and businesses. The utility, …
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Category: West News
Date: Wed, 29 Oct 2025 20:18:50 +0000
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Wednesday, October 29, 2025

Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s

Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …


Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s
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Description: Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …
Full content: Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms of the transaction were not been …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 18:33:17 +0000
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Wednesday, October 29, 2025

South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices

A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …


South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices
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Description: A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …
Full content: A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …
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Category: Midwest News
Date: Wed, 29 Oct 2025 16:53:54 +0000
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Wednesday, October 29, 2025

Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case

A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …


Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
Author: William Rabb
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Description: A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
Full content: A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documentary. “The trial …
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Category: Southeast News
Date: Wed, 29 Oct 2025 16:44:27 +0000
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Wednesday, October 29, 2025

Fermi Orders Four Big Nuclear Reactors in Texas

Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …


Fermi Orders Four Big Nuclear Reactors in Texas
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Description: Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …
Full content: Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …
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Category: Texas / South Central News
Date: Wed, 29 Oct 2025 16:38:26 +0000
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Wednesday, October 29, 2025

Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care

A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …


Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care
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Description: A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …
Full content: A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolescent medicine physician May …
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Category: Texas / South Central News
Date: Wed, 29 Oct 2025 16:29:12 +0000
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Wednesday, October 29, 2025

People Moves: Alliant Names Lapinski to Employee Benefits Group

Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …


People Moves: Alliant Names Lapinski to Employee Benefits Group
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Description: Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …
Full content: Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and employee …
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Category: Midwest News
Date: Wed, 29 Oct 2025 16:23:50 +0000
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Wednesday, October 29, 2025

Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit

A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …


Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit
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Description: A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
Full content: A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …
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Category: Southeast News
Date: Wed, 29 Oct 2025 15:46:17 +0000
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Wednesday, October 29, 2025

Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast

Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much as …


Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast
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Description: Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much as …
Full content: Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The company’s shares fell as much as …
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Category: National News
Date: Wed, 29 Oct 2025 14:58:56 +0000
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Wednesday, October 29, 2025

Aviva Ventures Backs Indico Data’s Insurance Operations AI

Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …


Aviva Ventures Backs Indico Data’s Insurance Operations AI
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Description: Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …
Full content: Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment was not disclosed. As part …
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Category: East News
Date: Wed, 29 Oct 2025 14:58:51 +0000
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Wednesday, October 29, 2025

Rebuilding Begins After Drenching Rains Flood Parts of Central, South Florida

Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …


Rebuilding Begins After Drenching Rains Flood Parts of Central, South Florida
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Description: Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …
Full content: Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters said the colossal amount …
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Category: Southeast News
Date: Wed, 29 Oct 2025 14:27:44 +0000
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Wednesday, October 29, 2025

Vietnam Logs Five Feet of Rain in One Day, Nearing World Record

Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …


Vietnam Logs Five Feet of Rain in One Day, Nearing World Record
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Description: Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …
Full content: Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 14:23:58 +0000
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Wednesday, October 29, 2025

Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table

The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White …


Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table
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Description: The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White …
Full content: The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White …
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Category: Southeast News
Date: Wed, 29 Oct 2025 14:02:39 +0000
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Wednesday, October 29, 2025

US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia

A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S. …


US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia
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Description: A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S. …
Full content: A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S. …
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Category: National News
Date: Wed, 29 Oct 2025 13:47:55 +0000
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Wednesday, October 29, 2025

Court Dismisses Securities Fraud Charges Against Fashion Designer Cole’s Brother

The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authorities …


Court Dismisses Securities Fraud Charges Against Fashion Designer Cole’s Brother
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Description: The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authorities …
Full content: The brother of designer Kenneth Cole says he was vindicated on Monday by a federal appeals court’s decision to overturn his criminal fraud conviction. Neil Cole said he’s been fighting over a decade to clear his name after federal authorities …
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Category: East News
Date: Wed, 29 Oct 2025 13:44:51 +0000
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Wednesday, October 29, 2025

Uber Taking on Waymo in San Francisco With Lucid, Nuro Robotaxis

Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotaxi …


Uber Taking on Waymo in San Francisco With Lucid, Nuro Robotaxis
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Description: Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotaxi …
Full content: Uber Technologies Inc. is preparing to offer driverless rides on vehicles developed by Lucid Group Inc. and Nuro Inc. in the San Francisco Bay Area for the first time next year, thrusting the company into direct competition with Waymo’s robotaxi …
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Category: West News
Date: Wed, 29 Oct 2025 13:37:57 +0000
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Wednesday, October 29, 2025

Arthur J. Gallagher & Co. Acquires Safe T Professionals in Arizona

Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under the direction of Jim Bond, …


Arthur J. Gallagher & Co. Acquires Safe T Professionals in Arizona
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Description: Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under the direction of Jim Bond, …
Full content: Gallagher Bassett acquired 100% of Chandler, Arizona-based Safe T Professionals LLC. Gallagher Bassett previously held a minority investment in the business. Anna Martinez, Joshua Martinez and their team will remain in their current location under the direction of Jim Bond, …
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Category: West News
Date: Wed, 29 Oct 2025 13:17:24 +0000
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Wednesday, October 29, 2025

Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports

Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, at …


Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports
Author: L.S. Howard
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Description: Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, at …
Full content: Hurricane Melissa made landfall in Jamaica as a powerful category 5 storm – a record for the Caribbean island nation — which brought storm surge, torrential rain, strong winds and massive damages. Melissa made landfall near New Hope, Jamaica, at …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 12:36:18 +0000
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Wednesday, October 29, 2025

Hurricane Melissa Makes Cuba Landfall After Lashing Jamaica

Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica, where it left hundreds of thousands without power and forced hospitals to evacuate. Melissa crossed the coast in eastern Cuba …


Hurricane Melissa Makes Cuba Landfall After Lashing Jamaica
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Description: Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica, where it left hundreds of thousands without power and forced hospitals to evacuate. Melissa crossed the coast in eastern Cuba …
Full content: Hurricane Melissa made landfall in Cuba less than a day after it became the strongest recorded storm to strike Jamaica, where it left hundreds of thousands without power and forced hospitals to evacuate. Melissa crossed the coast in eastern Cuba …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 10:25:04 +0000
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Wednesday, October 29, 2025

People Moves: Tassone Jr. Promoted to AM Specialty CEO; Canopius Names Leftwich US Head of Strategy; FM Hires Erbig as CFO

Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. Since joining AM Specialty Insurance Group in 2023 as chief underwriting officer, Dominick has …


People Moves: Tassone Jr. Promoted to AM Specialty CEO; Canopius Names Leftwich US Head of Strategy; FM Hires Erbig as CFO
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Description: Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. Since joining AM Specialty Insurance Group in 2023 as chief underwriting officer, Dominick has …
Full content: Tassone Jr. Promoted to CEO of AM Specialty Dominick Tassone Jr. was promoted to CEO of AM Specialty Insurance Company (ASIC U.S.), effective Jan. 1, 2026. Since joining AM Specialty Insurance Group in 2023 as chief underwriting officer, Dominick has …
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Category: National News
Date: Wed, 29 Oct 2025 06:24:02 +0000
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Wednesday, October 29, 2025

UN Sees World’s Emissions Falling 10% by 2035, Far Short of 60% Goal

Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing the first decline ever forecast by the United Nations. But the world remains well off course to keeping global warming …


UN Sees World’s Emissions Falling 10% by 2035, Far Short of 60% Goal
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Description: Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing the first decline ever forecast by the United Nations. But the world remains well off course to keeping global warming …
Full content: Global emissions of planet-warming greenhouse gases are expected to fall by about 10% by 2035, compared with 1990 levels, representing the first decline ever forecast by the United Nations. But the world remains well off course to keeping global warming …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 05:30:43 +0000
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Wednesday, October 29, 2025

Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24

As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market Intelligence published its list …


Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24
Author: Susanne Sclafane
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Description: As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market Intelligence published its list …
Full content: As a group, the top 50 global property/casualty insurers grew premiums by 8.3% in 2024, but four of them, individually, grew by more than 20%, including Progressive which vaulted into the top five. S&P Global Market Intelligence published its list …
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Category: National News
Date: Wed, 29 Oct 2025 05:17:19 +0000
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Wednesday, October 29, 2025

Generali, Natixis Owner Likely to Drop Asset Management Deal, Sources Say

Italy’s biggest insurer Generali and French banking group BPCE are likely to abandon plans to merge their asset management businesses by letting a year-end deadline lapse without a binding agreement, three sources said. The sources, briefed on the process, spoke …


Generali, Natixis Owner Likely to Drop Asset Management Deal, Sources Say
Author: Admin
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Description: Italy’s biggest insurer Generali and French banking group BPCE are likely to abandon plans to merge their asset management businesses by letting a year-end deadline lapse without a binding agreement, three sources said. The sources, briefed on the process, spoke …
Full content: Italy’s biggest insurer Generali and French banking group BPCE are likely to abandon plans to merge their asset management businesses by letting a year-end deadline lapse without a binding agreement, three sources said. The sources, briefed on the process, spoke …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 05:15:34 +0000
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Wednesday, October 29, 2025

Europe’s Top Rights Court Rejects Climate Challenge Against Norway’s Oil

The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their future at risk. Norway is western …


Europe’s Top Rights Court Rejects Climate Challenge Against Norway’s Oil
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Description: The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their future at risk. Norway is western …
Full content: The European Court of Human Rights on Tuesday ruled in favor of Norway’s government in a climate lawsuit brought by young activists who claimed the country’s policy of Arctic oil exploration had put their future at risk. Norway is western …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 05:10:40 +0000
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Wednesday, October 29, 2025

Mondelez Defeats Greenwashing Lawsuit Over ‘Climate Neutral’ Clif Bar Claim

A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled “climate neutral certified.” U.S. District Judge Manish Shah in Chicago found nothing wrong with labels for Clif …


Mondelez Defeats Greenwashing Lawsuit Over ‘Climate Neutral’ Clif Bar Claim
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Description: A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled “climate neutral certified.” U.S. District Judge Manish Shah in Chicago found nothing wrong with labels for Clif …
Full content: A federal judge dismissed a proposed class action lawsuit accusing Mondelez International of deceiving consumers into overpaying for Clif bars that were labeled “climate neutral certified.” U.S. District Judge Manish Shah in Chicago found nothing wrong with labels for Clif …
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Category: National News
Date: Wed, 29 Oct 2025 05:04:54 +0000
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Wednesday, October 29, 2025

‘Catastrophic’ Hack Underscores Public Defender Security Gaps

Recent cyberattacks on public defenders’ offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked but critical part of the US judicial system. Public defenders, who represent clients unable to pay for their own lawyers …


‘Catastrophic’ Hack Underscores Public Defender Security Gaps
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Description: Recent cyberattacks on public defenders’ offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked but critical part of the US judicial system. Public defenders, who represent clients unable to pay for their own lawyers …
Full content: Recent cyberattacks on public defenders’ offices in multiple Western US states have spotlighted the technological vulnerabilities of an often overlooked but critical part of the US judicial system. Public defenders, who represent clients unable to pay for their own lawyers …
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Category: National News
Date: Wed, 29 Oct 2025 05:03:38 +0000
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Wednesday, October 29, 2025

Tokyo Metropolitan Government Issues Climate Resilience Bond

The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …


Tokyo Metropolitan Government Issues Climate Resilience Bond
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Description: The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …
Full content: The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and …
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Category: International & Reinsurance News
Date: Wed, 29 Oct 2025 05:01:14 +0000
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Wednesday, October 29, 2025

Massachusetts Survey Identifies Safety Issues for Assisted Living Residences

Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …


Massachusetts Survey Identifies Safety Issues for Assisted Living Residences
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Description: Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …
Full content: Massachusetts Governor Maura Healey cited the results of a survey on safety of all 272 assisted living residences (ALRs) in the state in announcing actions to enhance the safety of ALR residents across the state. In July, following the tragic …
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Category: East News
Date: Wed, 29 Oct 2025 05:00:08 +0000
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Tuesday, October 28, 2025

California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI

California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …


California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI
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Description: California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …
Full content: California Commissioner Ricardo Lara is proposing a regulation aimed at mitigating rising insurance costs and safeguarding the state’s insurance market from catastrophic risks and technological threats. Lara’s Long-Term Solvency Regulation is aimed at providing the California Department of Insurance enhanced …
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Category: West News
Date: Tue, 28 Oct 2025 21:36:15 +0000
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Tuesday, October 28, 2025

Jamaica Catastrophe Bondholders Now Face Full-Trigger Event

Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …


Jamaica Catastrophe Bondholders Now Face Full-Trigger Event
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Description: Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …
Full content: Investors in Jamaica’s catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Melissa. That’s according to Florian Steiger, chief executive of Icosa …
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Category: International & Reinsurance News
Date: Tue, 28 Oct 2025 17:44:18 +0000
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