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Insurance Day

Articles for 28 June 2024

Daily Digest: AmTrust focuses on specialty, R&Q completes Accredited sale, Cyber coverage limits still unclear

Catch up on the essential news and analysis from the Insurance Day experts
Online Published Date: 2024-06-28T17:40:09

ID Comment: Buyers of cyber insurance are still unclear about what it covers

As penetration of cyber coverage continues to increase, it is important insurers and brokers work with buyers to make sure they are crystal clear on the scope and limits of their coverage
Online Published Date: 2024-06-28T16:40:11

FCA 'to continue engagement' on new investigation disclosure guidelines

Official promises not all investigations will be made public following controversial proposals
Online Published Date: 2024-06-28T16:40:11

UK regulators set out their approach to AI

While the watchdogs deem the UK’s existing regulatory framework to be fit for purpose, unforeseen risks may require guidance or intervention
Online Published Date: 2024-06-28T16:40:11

AmTrust International head reaffirms focus on specialty lines

The international unit of US-based specialty insurer is expanding its footprint in Canada and Australia, the division’s head, Peter Dewey, says
Online Published Date: 2024-06-28T15:40:11

CEA names Welsh as permanent CEO

Welsh has been interim chief executive while holding the CEA’s chief legal and compliance officer position
Online Published Date: 2024-06-28T10:40:17

Florida home premiums rose less than projected owing to legal reforms

Low rise in premiums is largely due to the impact of legal reforms enacted by state lawmakers
Online Published Date: 2024-06-28T10:40:17

US convective storm losses surpass $31bn this year

Year-to-date insured losses put 2024 among the four costliest years for severe convective storms
Online Published Date: 2024-06-28T08:40:14

New Mexico wildfire damages may top $300m: CoreLogic

Estimate in line with Aon's projection last week that the insured and economic losses from the three blazes would likely reach into the 'hundreds of millions' of dollars
Online Published Date: 2024-06-28T08:40:14

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