“We looked at 14 pools, different pools around the world, [and] most of these pools do not bring focus to the importance of resilience,” said Golnaraghi. “In fact, most of them, because of solidarity based principles, allow people to live in high-risk zones.”
Under Florida’s no-fault system, drivers are required to carry $10,000 in PIP coverage to cover their own medical expenses regardless of fault in an accident. However, critics argue that the $10,000 limit, unchanged since 1979, is insufficient to cover modern medical costs. Source link
Wassersug, with 22 years of experience at Intercontinental Exchange (ICE), will lead Acrisure’s IT initiatives and support its transformation into a global fintech leader. Meanwhile, Pelsinger, who previously served as global head of corporate development at Palantir Technologies, will oversee Acrisure’s legal, human resources, and regulatory functions. Source link
Vermont continues to refine its captive insurance laws, with proposed legislation in 2025 focusing on technical corrections and clarifications related to controlled-unaffiliated risk, conversions of captive insurance companies into protected cells, parametric contracts, and confidentiality. Source link
With the passage of Senate Bill 831 during the 2025 legislative session, state lawmakers have expanded regulatory requirements for insurers that are part of holding company systems. The new provisions, which become operative on January 1, 2026, revise five key sections of Oregon Revised Statutes—ORS 732.548, 732.553, 732.569, 732.574 and 732.586—and bring Oregon in closer…
