The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s Ratings said in a report on Thursday. Why It’s Important Fire investigators have not released a cause for the deadly Eaton Blaze, … Read more
Using Cal Fire to determine how you should be managing your home’s wildfire risk? While Cal Fire is a good resource, the truth is your insurance company could be using a much stricter standard. If you were cancelled and are trying to purchase your next homeowner’s insurance policy, then it’s important to know what to … Read more
If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You! TOM@RICHHABITS.NET All risk, whether good or bad, shares one thing in common – both require an investment. That investment typically includes time and … Read more
Six vulnerabilities in the popular Rsync file-synchronizing tool were disclosed Wednesday, including critical and high-severity flaws that could risk remote code execution (RCE) and data leakage. The Rsync utility is commonly used in Unix-like operating systems, and the Rsync daemon is frequently used to synchronize and distribute files through public mirrors. The CERT Coordination Center … Read more
2024 was another record issuance year for the catastrophe bond market and with total alternative reinsurance capital reaching new heights, the way insurance-linked securities (ILS) managers and investors matched appropriate risk returns was a notable success, according to Bill Dubinsky, Managing Director and CEO of Gallagher Securities.We spoke with Dubinsky, who heads up the capital … Read more
