ILS funds may play bigger role in aggregate covers: KBW

Insurance-linked securities (ILS) funds may play a bigger role in providing aggregate reinsurance and retrocession protection in future, as an increasing number of traditional reinsurers are shying away from this, analysts at KBW believe. Heavy catastrophe and severe weather losses, perceived rising frequency and severity of certain peril events, fears of social inflationary factors and […]

Do You Have a Hobby?

     When I think of a hobby I think of coin collecting or stamp collecting, sewing or knitting, model trains or woodworking. By that score I do not have a hobby.      When I was a kid I collected coins. I started when a friend of my dad’s gave me ten Indian head […]

How much does life insurance cost?

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Charter School Can’t Appeal Ohio School Board $60M Order, Court Says

The Ohio school board’s order requiring a giant, now-defunct online charter school to repay the state $60 million over inflated enrollment figures is final and cannot be appealed, the state Supreme Court ruled. In a 4-3 decision, the court delivered … Original source: https://www.insurancejournal.com/news/midwest/2021/10/08/636169.htm