Some property insurance rates in Florida might be about to jump — in a big way.
Tag: FIO
RIMS Supports the Development of a Cyber Insurance Backstop
RIMS issued a comment letter to the Federal Insurance Office (FIO) regarding a federal backstop for large-scale catastrophic cyber incidents impacting infrastructure.
U.S. Treasury Proposes New Climate Data Collection Rule for Insurers
The US Treasury announced on Tuesday that it would propose a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete steps in a new push to strengthen financial regulation to help combat global warming. In a Federal Register notice, the Treasury’s Federal Insurance Office stated that… Continue reading U.S. Treasury Proposes New Climate Data Collection Rule for Insurers