2+ day, 17+ hour ago   (563+ words) Nearly a million Affordable Care Act enrollees are set to receive $500 payments starting in October, the Trump administration announced Thursday, a move officials frame as restitution for alleged premium overcharges, but one that health policy analysts call a narrow fix…...

2+ day, 16+ hour ago   (685+ words) Chinese engagement in Belt and Road Initiative (BRI) countries hit its highest level on record in 2025, reaching US$213.5 billion in construction contracts and investments across around 350 deals – a 19% increase in deal numbers compared to 2024, according to the Griffith Asia Institute....

3+ day, 3+ hour ago   (722+ words) The reform is working as designed. Over half of NFIP policies now pay full-risk premiums, up from one-third in December 2022, according to the report. The 1.5 million policies still below full risk (42 percent of the program) carry a combined annual subsidy…...

3+ day, 10+ hour ago   (536+ words) Alberta drivers are projected to save roughly $297 annually, or 13.7%, under the province's incoming Care-First auto insurance system, according to two new reports from the Automobile Insurance Rate Board. That's a meaningfully larger figure than the $259 average savings Oliver Wyman's actuarial…...

3+ day, 23+ hour ago   (339+ words) Ask a terrorism underwriter and a cyber underwriter the same question what's the one loss that could actually break you?, and increasingly you get the same shape of answer: something that hits everyone at once, spreads faster than the policy…...

3+ day, 14+ hour ago   (355+ words) For eleven years after Australia's terrorism reinsurance scheme opened for business, nobody ever had to use it. Then, within the space of six weeks this summer, the Australian Reinsurance Pool Corporation (ARPC) made two separate terrorism declarations - the Bondi Beach…...

4+ day, 2+ hour ago   (358+ words) The uncomfortable answer, twenty-five years after 9/11, is that Canada still doesn't have one. The US, UK, France and Germany all built a government-backed reinsurance mechanism for exactly this kind of loss in the two years after the attacks. Canada looked…...

4+ day, 4+ hour ago   (216+ words) New York's health insurers asked for premium increases three to four times higher than what regulators approved, and the gap between the two numbers shows the state's 2027 renewal season. The Department of Financial Services (DFS) authorized average increases of 6% for…...

4+ day, 1+ hour ago   (523+ words) Ask most people to name a type of business insurance and they'll reach for property, liability or cyber. Trade credit cover, the policy that protects against customers failing to pay, rarely attracts the same attention. Yet the Association of British…...

4+ day, 18+ min ago   (480+ words) On Tuesday, the insurance industry, represented by the ICA, NIBA, Suncorp and IAG put its case to the MPs. Brokers play a central role in the calculation and collection of the ESL. In its submission to the inquiry, NIBA described…...