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Greg Lindberg granted 30-day extension to file objections
[ad_1] Extension pertains to pre-sentence investigation report [ad_2] Source link

Arkansas passes bill to create captive insurer for public education
[ad_1] State-owned solution aims to offset costly premiums and expand coverage [ad_2] Source link

AI vs AI: Firms need to step up their cyber game or risk falling to threat actors
[ad_1] “Using AI to detect fraudulent claims, for example, is no longer a nice to have, it’s a necessity. Because the bad guys are already using it,” Gupta said. “Claims are coming in with AI-crafted documents. Someone can easily create what looks like a legitimate ransomware attack, but all the artifacts are AI-generated. If a…

M&A boom drives record demand for transactional risk insurance: Marsh report
[ad_1] Transactional risk insurance saw strong uptake across technology, healthcare, and renewable energy, where dealmakers increasingly relied on coverage for tax-related exposures. Emerging markets, particularly in Latin America and Africa, also recorded increased usage, reflecting a growing insurance infrastructure supporting cross-border deals. [ad_2] Source link

Maryland requires RBC compliance and orders auto insurance affordability study under HB 1098
[ad_1] Factors contributing to premium increases, Transparency options, Definitions of “affordability” in rate-setting, Methodologies for incorporating affordability into pricing, and The financial condition of private passenger auto insurers and potential responses to excess profits. The workgroup will include members of the state legislature, the Insurance Commissioner, MAIF’s Executive Director,…

Hippo grows revenue but faces wildfire impact in Q1
[ad_1] Improved premium retention contrasts with high catastrophe burden [ad_2] Source link