Deposit Insurance Deep Dive Recorded at Cato Institute
Podcasting at the @CatoInstitute headquarters with @EconWithNick & @norbertjmichel was just the coolest as we talk about deposit insurance.
Home Insurance Premiums Set to Rise Again This Year
Americans squeezed by home insurance costs shouldn't expect relief this year, with premiums set to rise again https://t.co/4iBp8COEML
Chargemaster Inflates Prices, Patients End up Paying the Cost
When I was at the Brigham/Harvard I saw how we billed different insurance levels as well as the uninsured. The uninsured got screwed the worst. Always. Different payers pay remarkably different prices for the identical things. It all comes down...
Demanding Colorado Reinsurance Cost Transparency From Governor
How about we ask @govofco how much more reinsurance is costing Colorado? And don’t give me the bs talking points about the average premium reduction, babes.
AI Risks Stem More From Usage than the Model
When people talk about generative AI risks, they usually focus on the technology. But there are really two layers. Embedded risks that come from the models themselves, and enacted risks that emerge from how organizations deploy them. In practice, the biggest problems often...
War Risk Premiums Surge as Iranian Attacks Intensify
War risk rates soar as Iranians ramp up ship attacks US reinsurance scheme light on details as convoy plans out of reach for now https://t.co/BoE7xMfsVr
Gulf Shipping Insurance Premiums Skyrocket to 5% of Ship Value
Gulf shipping insurance soars. Bloomberg: "The cost of coverage has leaped to about 5% of the value of a ship" At the beginning of the war, it was 0.25% (see FT piece to right) 5% is... insane. You're simply not paying that if you...
Federal Reinsurance Needed to Shield Homeowners From Climate Risks
A preview of a paper to be released on March 18 that makes the case for creating a federal reinsurance entity to cope with the challenges that climate change poses to the homeowners insurance market https://t.co/N0nM5u9Owq via @BrookingsInst
Hormuz Attacks Drive Soaring Tanker Insurance Premiums, US Aid Unclear
"Shipping Insurance Costs for Hormuz Passage Surge After Vessel Attacks" https://t.co/Aq3e4lGXyX "Details of a plan for the US International Development Finance Corporation to help insure tankers are still unclear." https://t.co/mC9xKl2B7o
Personal AI Assistants Will Reshape Insurance Buying
When "AI in insurance" meets InsurTech revamping insurance distribution. → https://t.co/kcythS7tvu The Boston Consulting Group recently published an article exploring how the rise of personal AI assistants might revamp how people buy insurance. https://t.co/P7X5Q1mtQx
Insurers Split: Covering vs Excluding AI Agent Errors
As businesses increasingly rely on autonomous AI agents, some insurers are offering specialized coverage for AI errors, while others introduce exclusions, signaling a shift toward explicit policies addressing AI-related risks. aibusiness
Few Missiles and Drones Can Keep Hormuz Shut Indefinitely
Question for all the maritime insurance experts out there - what will it take for the large P&I clubs to reactivate coverage through the Strait of Hormuz? One of my takeaways from this conflict is how few missiles and drones it...
Insurance Premiums, Not Blockades, Choke the Strait of Hormuz
𝗧𝗵𝗲 𝘄𝗲𝗮𝗽𝗼𝗻 𝗰𝗹𝗼𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗦𝘁𝗿𝗮𝗶𝘁 𝗼𝗳 𝗛𝗼𝗿𝗺𝘂𝘇 𝗶𝘀𝗻'𝘁 𝗮 𝗺𝗶𝘀𝘀𝗶𝗹𝗲. 𝗜𝘁'𝘀 𝗮 𝘀𝗽𝗿𝗲𝗮𝗱𝘀𝗵𝗲𝗲𝘁. Here's something most supply chain professionals don't fully appreciate — and probably should. Iran doesn't need to physically block the world's most critical oil chokepoint. They just need to...
Congress Urges Curb on Costly Medicare Advantage Subsidies
Congressional advisers call to rein in Medicare Advantage spending amid industry pressure I’ll summarize for you. EVERY SINGLE FAMILY IN THE USA IS PAYING $800 A YEAR to the big insurance companies because taxpayers pay them more than it...
Credit Score Affects Home Insurance as Much As Location
Your credit has as much of an impact on your homeowners insurance premium as whether or not you live in a disaster-prone area. https://t.co/PQ2K1kvGSE
Congressional Advisers Urge Curbing Medicare Advantage Costs
Congressional advisers call to rein in Medicare Advantage spending amid industry pressure https://t.co/15NkEfHtqV via @bobjherman @statnews
Innovators Unite to Advance ACORD and DTCC Data Standards
Technology data standards ACORD and The Depository Trust & Clearing Corporation (DTCC) - A group of innovators: Yolanda Austin, Ken Leibow, Stephen Kilbon, Megan Cahill, Lisa Cavaliere, Patti Elliott, Jon Volper, Bali Bodeddula
Protection Costs Near Historic Peaks, Raising Sustainability Concerns
The cost of protection is near the most expensive levels in history. *Is it sustainable? / What happens next? https://t.co/c2ruCJC9SP
AI Rebuilds Trust by Linking Evidence, Not Surveillance
AI could become one of the most powerful tools in the fight against financial crime, not by expanding surveillance, but by rebuilding integrity into digital systems. If AI can create stronger evidence chains that connect documents, actions and transactions, it can...
Hong Kong Risk Managers Attend Exclusive PARIMA Masterclass
Hong Kong @PARIMAorg Masterclass kicked off this morning with closed door session for risk managers only co-hosted with my friend Antonio Kam https://t.co/z4hOcuXEvv
U.S. Appoints Chubb to Head $20B Hormuz Shipping Insurance
U.S. Taps Chubb to Lead Trump's $20B Insurance Plan for Hormuz Shipping. What will $20bil do? https://t.co/hZKhxZDvON
Creating Universal Financing Infrastructure for Open Underwriting
"We want to build financing infrastructure ... that allows anyone to underwrite anyone" @PaulFram https://t.co/Cc4ufu0Lcr
Chubb Becomes Primary U.S. Insurer for Gulf Shipping
Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war: CNBC $USO $XLE
Strait of Hormuz Ship Insurance: Power Shift Looms
Who will control/dominate the insurance business of ships transiting the Strait of Hormuz once energy is consistently flowing again?
Medicaid Loopholes Fuel ABA Therapy Exploitation Crisis
Outstanding WSJ story on the explosion of ABA/autism therapy -fueled by lax Medicaid payment and often non-existent compliance policies, $20/hr RBTs credentialed after a 40-hour online course, and annual staff churn of 50–100%. Our “pay and chase” reimbursement system assumes...
War Insurance Boom as Gulf Datacenters Seek Coverage
Leigh Harris says Insurance industry could make out big over the Iran War. Lots of Datacentres are being built around the Gulf and they now want Warfare Insurance cover.
Oil Tanker Risk, Not Insurance, Drives Sky‑High Premiums
Leigh Harris, Insurance Writer at FT, says the Oil Tanker problem in Strait of Hormuz is not due to Insurance. Underwriters are insuring Ships but can be 12x the usual rate. The problem is risk of being sunk and to crew...
Beazley Buys kWh Analytics to Boost Renewable Underwriting
Beazley acquires kWh Analytics to scale renewable energy underwriting #energysky -- via pv magazine usa: https://t.co/HU8MHQTedQ
Medicare Advantage Overpayments Add $13.4B to Seniors' Premiums
“Overpayments to Medicare Advantage insurers increased Part B premiums by $13.4 billion in 2025, the committee said, a cost mostly borne by seniors.”
New Risk Factor Makes Strait of Hormuz Too Costly.
"There's another big reason why shipping companies and insurers aren't willing to risk the Strait of Hormuz" https://t.co/vQRVNaMtNL https://t.co/xPjkCzHB0U
AI-First InsurTech Gaining Traction in France
Where does AI-first InsurTech stand in France ? → https://t.co/I7HgWDOnBV That's a question we discussed recently, together with Alexandre Pengloan, following an analysis of the InsurTech dynamic in France. https://t.co/2QX0LCBiTo
Property Insurance Costs Hit Record High
March ICE Mortgage Monitor: "Average annual property insurance payments rose to an all-time high" https://calculatedrisk.substack.com/p/march-ice-mortgage-monitor-average
War-Fueled Tanker Boom Drives TEN’s Profit Surge
TEN expects profit windfall amid war-fuelled tanker boom ▶️Tankers on time charters with profit-sharing arrangements include seven suezmaxes and two VLCCs ▶️War risk insurance rates have jumped by as much as 500% in a week, according to leading owner ▶️New York-listed owner triples...
Ten Key Insurance Trends Shaping Priorities for 2024
What should be the top priorities in insurance this year? → https://t.co/7Y2CVAdenJ Capgemini's yearly report lists ten pivotal trends that it believes will significantly impact the industry in the near future. https://t.co/rBghzJRU14
Add Difference-in-Conditions Insurance to Guard Against Disasters
💪 Protect Your Home & Family 🙏 Most insurance companies do not include natural disasters in your policy. However, if your home gets destroyed from one, you’ll have to pay two mortgages. The only way to avoid this is with...
Iran War Triggers Gulf Insurance Pull, 1,000+ Containers Stuck
The impact of the Iran war is spreading. 1,000+ containers at Chittagong. War risk insurance pulled for the Gulf.
U.S. DFC Launches $20 Bn Gulf Maritime Reinsurance Plan
"U.S. DFC unveils $20BN plan for maritime reinsurance in the Gulf" The CEO of the DFC looks like someone who would sell you $20B worth of insurance. https://t.co/QRhFuzBtx0 https://t.co/0v78TH7CKl
War‑Driven Insurance Chaos Grounds Persian Gulf Shipping
Why are ships suddenly stuck in the Persian Gulf? Ship insurance is already a maze. Add war and it becomes a labyrinth. In 15 minutes I’m going to attempt the impossible: explain ship insurance 101, what’s happening, why ships won’t sail, and...
US $20B War‑Risk Backstop Fails to Attract Tankers
US offers a $20B maritime war-risk reinsurance backstop to coax tankers back into the Gulf No one wants it It doesn’t provide shipowners the incentive they need to sail into a war zone. #Hormuz #oilmarkets #shipping #geopolitics
Ceasefire, Not Insurance, Needed to Normalize Hormuz Traffic
Hormuz traffic isn’t being stopped by insurance alone, writes @Amena__Bakr Coverage is still available. The real deterrent is fear of attack, and only a full, sustained ceasefire will normalize flows. #Hormuz #shipping #oilmarkets
Trump Admin Launches $20B Tanker Reinsurance Amid Iran War
Trump admin announces $20 billion reinsurance program for oil tankers during Iran war: CNBC $XLE $USO
Naval Sinking Spikes Shipping Risk, Insurance Premiums Skyrocket
DID THE NAVY JUST SINK SHIPPING? Question for @SecWar, @thejointstaff @CENTCOM @US5thFleet: Was there any discussion about the impact that sinking an Iranian frigate near a heavily trafficked shipping lane would have on global shipping. I am not privy to the...
Agentic Insurance Commerce Empowers Agents in Digital Marketplace
Agentic insurance commerce https://t.co/Mi22QkQtSh @jeffroth77 @GalenDShaffer @JimMarous @FGraillot @nigelwalsh @SpirosMargaris @jblefevre60 @robgalb @RonnoArnold @hedgequote @Nick_Lamparelli @antgrasso @hugues_bertin @globaliqx @psb_dc @an_battista @InsuranceEleph1
Expiring War‑Risk Policies Prompt Shipowners to Prioritize Crew Safety
Remember, many of the war risk policies weren't set to expire until midnight (00:00 GMT) on March 5, six hours from now. Insurance hasn't been the only impediment to Hormuz transits so far. I like to think shipowners are taking...
Parametric Insurance Accelerates Disaster Payouts Amid Climate Uncertainty
Rethinking Disaster Risk: Innovations And Insights In Parametric Insurance (Descartes Underwriting) Disaster risk is intensifying – and traditional indemnity models are not always built for the speed and volatility we are now facing. At the 𝗣𝗔𝗥𝗜𝗠𝗔 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀 𝟮𝟬𝟮𝟲, Descartes Underwriting...
War Risk Insurance Cancels Coverage Once Conflict Begins
Can someone smarter than me explain why war risk insurance gets canceled when there’s a war? https://t.co/7JR2QurKUO
Insurance, Not Closure, Drives Hormuz Shipping Decline
Iran doesn’t need to physically “shut” the Strait of Hormuz—ship traffic has already plunged >80%. “Insurance availability may now act as a primary gating factor for transit decisions independent of formal navigational closure.” https://t.co/6FxXpLwnJq
Colorado Leads, Washington Should Follow on Insulin Caps
In Colorado, we’ve been laser focused on saving Coloradans money on prescription drugs since day one, and it’s past time that Washington catches up. Colorado was the first state to cap insulin costs long before the federal government and expand...
Insurance Rates Soar for Ships Entering Ukraine, Not Canceled
They didn’t even cancel insurance for ships targeted by Russia for entering Ukraine…. They just jacked up the rates. This is all very unusual.
Lemonade Launches AI BS Detector to Cut Insurance Hype
Many insurers are issuing AI press releases. It's all very exciting. So at @lemonade_inc we built an AI BS detector: three KPIs, public data, no spin. It won't boost our popularity. It might boost your returns. https://t.co/Ua8vWxkObh https://t.co/xzazrKJ9zB