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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Xcel Defends Wildfire Plans as Policymakers Push Back
After settling a $650 million claim tied to the Marshall Fire, the utility says that its power shutoff strategy is painful but necessary.
Lawmakers Demand FEMA Release Flood Risk Models Data
Senate Republicans are demanding that the Federal Emergency Management Agency disclose the data and assumptions behind its Risk Rating 2.0, arguing the opaque methodology is driving premium spikes.
