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Market/Coverages: Willis Launches $200M Cargo Facility for Rising Geopolitical Risks

by lpiccitto | Jul 8, 2025 | Uncategorized

Willis, a WTW business, has launched ‘Undercover,’ a new $200 million facility, combining coverage for a range of geopolitical exposures faced by cargo owners worldwide. Developed by Willis in a joint proposition with specialist insurer, Markel, Undercover offers a...

Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals

by lpiccitto | Jul 8, 2025 | Uncategorized

Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state’s risk landscape, according to brokers Aon and Gallagher Re in their mid-year renewal reports. “Florida entered the mid-year...

Apple Takes Fight Against $587 Million EU Antitrust Fine to Court

by lpiccitto | Jul 8, 2025 | Uncategorized

Apple took a challenge against EU regulators to Europe’s second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech. The European …

Wildfire Smoke Brings a Forgotten Danger to the Arctic: Black Carbon

by lpiccitto | Jul 8, 2025 | Uncategorized

In 2023, the Canada wildfires that incinerated more than 17 million hectares (42 million acres) of boreal forest were so hot they melted the paint on approaching fire trucks and smoldered underground all winter. That heat created vast columns of …

Viewpoint: State Farm’s Wildfire Claims Response Is a Test of Trust and Operational Preparedness

by lpiccitto | Jul 8, 2025 | Uncategorized

State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agents arriving with a smile and...
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