Tag: Insurance industry
California homeowners to fund 50% of high-risk insurer’s $1B bailout
California Homeowners to Contribute to 50% of High-Risk Insurer's $1B BailoutThe devastation of the Eaton Fire in Altadena on Jan. 8, 2025, serves as...
Major partnership launches earthquake insurance facility
Breaking News: New Commercial Earthquake Insurance Facility Launched Through Major PartnershipEmerald Bay Risk Solutions and Arrowhead have joined forces to introduce a groundbreaking commercial...
Flasinski to assume Gallagher Re North America CEO role June 1
New CEO Brian Flasinski Takes the Helm at Gallagher Re North AmericaIn a recent announcement, Brian Flasinski is set to assume the role of...
What’s driving global reinsurance growth?
Global Reinsurance Market Sees 12% Growth in 2023In 2023, the global reinsurance market experienced a remarkable 12% increase in capacity, reaching $729 billion, as...