Task Force Calls for Biden Administration to Create Ransomware Insurance “War Chest”
A nationwide subrogation fund run by insurers and reinsurers — as well as cyber risk modeling consortium — are being suggested.
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Ackman Pivots From Building to Buying an Insurer
The hedge fund manager is targeting $1B to $3B insurance deals.

Models
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Modeling Challenges Exposed as Los Angeles Fires Drive Record Catastrophe Losses
Models “have not been fully captured” this risk of wildfires, Swiss Re says.