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Luis Leon’s family was first informed that he had died, but they later discovered he was alive in a hospital in Guatemala.
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Families of the missing endure a distinct and harrowing form of grief known as ambiguous loss.
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Flood Re—a collaborative initiative between the UK government and insurers aimed at enhancing the affordability of flood insurance for homeowners—has experienced a dramatic surge in reinsurance premiums and claims-related expenditures.
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On Friday, the European Union approved its 18th sanctions package against Russia in response to the ongoing war in Ukraine, introducing additional measures designed to inflict further damage on Russia’s oil and energy sectors.
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President Donald Trump has taken steps to establish a Republican majority on the federal board responsible for resolving private-sector labor disputes and supervising union elections—a body left in limbo following his unprecedented dismissal of a Democratic member.
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As natural disaster losses continue to rise, bridging the so-called protection gap will require strong collaboration between the public and private sectors—not limited to the insurance industry—according to the head of a global organization of insurance supervisors.
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A cockpit voice recording from the ill-fated Air India Flight 171 reveals that the junior co-pilot questioned the senior pilot about switching off the aircraft’s fuel supply, according to sources familiar with the investigation.
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Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has announced the launch of a specialized insurance product designed to support financial institutions engaged in the rapidly growing cryptocurrency sector.
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Continued growth in U.S. reinsurance in 2024 was driven by strategic collaborations between re/insurers and alternative investment managers, increased utilization of offshore platforms, and a fourth consecutive year of record-breaking annuity sales.
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A new Louisiana law now requires insurers to disclose the previous policy’s premium whenever they issue a renewal to a policyholder.
Luis Leon’s family was first informed that he had died, but they later discovered he was alive in a hospital in Guatemala.
