California will require insurance companies to offer coverage in wildfire zonesInsurance companies must provide coverage in high-risk fire areas to continue operations in California.
Colorado Utilities May Foot the Bill To Bring Down Home Insurance PremiumsColorado proposes a new reinsurance program to reduce home insurance costs and limit utility companies' wildfire liabilities.
California will require insurance companies to offer coverage in wildfire zonesInsurance companies must provide coverage in high-risk fire areas to continue operations in California.
Colorado Utilities May Foot the Bill To Bring Down Home Insurance PremiumsColorado proposes a new reinsurance program to reduce home insurance costs and limit utility companies' wildfire liabilities.
Allstate expects $1.1 billion in losses from Los Angeles firesAllstate expects $1.1 billion loss from LA fires, yet reports 30% growth in quarterly net income due to reinsurance strategies.
Facing Crisis, California Insurance Regulators Cap Largest Rules Change in 30 Years | KQEDCalifornia has approved regulations allowing insurers to pass reinsurance costs to consumers, promoting coverage in wildfire-prone areas.
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus MutualRe focuses on low-volatility insurances and aims to back $200 million in premiums by the end of the year.
London-based Supercede bags 14M funding - Silicon CanalsSupercede, a reinsurance technology platform, secured $15M in Series A funding to enhance team expansion and platform development.