Insurers, Business Lobby Line Up Against Biden’s Climate Change Data Demands
US property casualty insurers, along with the powerful US Chamber of Commerce, are crying foul.
regulation
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State Insurance Regulators Slam Fed’s Climate Data Ask
In a biting letter, state insurance commissioners dismiss the push for private market catastrophe risk data and question whether the Biden Administration is acting in “good faith.”
Markets
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With Private Market In Retreat, US Is Exploring Government-Backed Cyber Catastrophe Insurance Backstop
Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.
FEMA Director Calls for Modeling as Flood Maps Fall Short
Models will be needed to anticipate the changing dynamics of flood events, but first the government needs to figure out how to pay for it.
Florida Ramps Up Oversight Into Hurricane Season
Balance sheets and hurricane models will face increased scrutiny.
