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Risk & Insurance

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    US Ends Free Health Insurance for Asylum-Seekers▼Here is another thing that really fucking sucks for immigrants in the U.S. right now!!!!! The feds decided to strip freeMmastodonWorldImmigration643 min ago

    Anger is spreading online over a US federal decision to strip free health insurance from asylum-seekers, survivors of domestic violence, and other vulnerable immigrant populations, effective October 1, 2026. Critics call it another blow to immigrants under current policy, arguing it will leave some of the most at-risk people in the country without access to basic medical care. Details on which programmes are affected remain limited.

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    Charter Space, a company providing insurance for space missions, has raised $5 million in a seed funding round. The space insurance sector is drawing attention as satellite launches and commercial space activity grow, making coverage for launch failures and orbital risks increasingly valuable. The funding will likely support expansion of its underwriting and data capabilities for clients in the commercial space industry.

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    L.A. asks 2028 Olympics organizers to take out cancellation insurance▼L.A. asks 2028 Olympics organizers to buy insurance in case disaster cancels the Games✉newsSportOlympics9 h ago

    Los Angeles city officials have asked organizers of the 2028 Summer Olympics to purchase insurance that would cover the Games in case a disaster forces their cancellation. The request reflects concern that wildfires, earthquakes or other catastrophes could disrupt the event, and raises questions about who would bear the financial risk if the Olympics cannot go ahead as planned.

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    Los Angeles seeks $650M insurance for 2028 Olympics●L.A. seeks $650M insurance for 2028 Olympics✉newsSportOlympics1 h ago

    Los Angeles organizers are seeking $650 million in insurance coverage for the 2028 Olympic and Paralympic Games, according to Sports Business Journal. The policy would protect the organizing committee against financial losses, a standard but costly step for hosting an event of this scale. Attention is turning to budget planning and risk management as preparations for the Games continue.

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    Space Insurer Weighs Starship's First Orbital Flight Impact▼EXCLUSIVE: Space Insurer on What Starship’s First Orbital Flight Means for SpaceX and the Space Economy✉newsScienceSpace7 min ago

    An executive from the space insurance sector has spoken out on what SpaceX's Starship first orbital flight means for the company and the wider space economy, in comments published by financial outlets. The remarks focus on how Starship's heavy-lift capacity could reshape launch costs, risk assessment and commercial opportunities across the industry.

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    Jackson National Life discloses data breach exposing Social Security numbers▼News - Jackson National Life discloses data breach exposing Social Security numbers✉newsTechnologyCybersecurity8 h ago

    US insurer Jackson National Life has disclosed a data breach that exposed customers' Social Security numbers. The company reported the incident publicly, though details on how many people were affected and how the breach occurred remain limited. Security breaches involving Social Security numbers raise heightened concerns about identity theft and fraud, and the disclosure is drawing attention from privacy watchers and affected customers alike.

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    A Super El Niño is brewing, and housing may feel it▼A Super El Niño is brewing — what it could mean for housing✉newsBusinessReal Estate11 h ago

    A potentially record-strength El Niño, sometimes called a Super El Niño, may be forming in the Pacific, and analysts are weighing what it could mean for the US housing market. Strong El Niño patterns can shift weather across North America, affecting construction schedules, insurance costs, regional demand and home damage risks. Housing industry watchers are watching sea surface temperatures closely, since a super-sized event could complicate an already strained market.

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    Foreign insurers welcomed in India amid policy uncertainty●Inside India newsletter: Foreign insurers get the red-carpet treatment — and policy uncertainty✉newsCultureCelebrity18 h ago

    India is rolling out the welcome mat for foreign insurers, with regulatory changes making it easier for overseas companies to enter and expand in the country's insurance market. At the same time, questions over future policy direction persist, leaving investors weighing generous market access against uncertainty about long-term rules. CNBC's Inside India newsletter examines both the opportunities and the risks for foreign players.

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    How insurance builds economic confidence and drives development●How the insurance industry builds economic confidence and drives development✉newsBusinessEconomy16 h ago

    Spanish insurer Mapfre has published a piece arguing that the insurance industry plays a central role in building economic confidence and supporting development. It frames insurance as more than risk protection, highlighting how coverage enables businesses and individuals to invest, plan and recover from setbacks. The article contributes to a broader debate about insurers' role in economic resilience and long-term growth.

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    US Cities Facing Dangerous Coastal Flooding From Climate Change●US Cities With Dangerous Coastal Flooding Due To Climate Change✉newsEnvironmentClimate22 h ago

    A report highlights US cities that face dangerous coastal flooding as climate change drives sea levels higher. Cities along the Atlantic, Gulf and Pacific coasts are identified as increasingly vulnerable to storm surge and chronic high-tide flooding, raising questions about infrastructure spending, insurance costs and whether some communities can be protected at all.