TWIA board approves 2025 budget with reinsurance buy rising 22%

State’s coastal wind and hail insurer budgets reinsurance outlay of $485.0m for 2025       Related Stories Daily Digest: Cyber market seeks stability, Generali tops green scorecard, Japan Club sets out renewal stall Generali tops Insure Our Future green scorecard Japan Club sets out renewal stall  

Mental Health’s Unfinished Digital Revolution

By TREVOR VAN MIERLO In 2021, digital mental health and substance use startups attracted a record-breaking $5.1 billion in funding. Despite the surge, the promise of scalable, transformative digital health platforms remains unfulfilled. Following the surge, investment plummeted. Unlike other industries that have been revolutionized by digital-first solutions, digital health struggles with models that fail…

Biden admin quietly renewed controversial $10B Iran sanctions waiver two days after Election Day 

The controversial waiver, which has been repeatedly extended by Secretary of State Antony Blinken despite strong opposition from congressional Republicans, allows the Iranian regime access to funds from Iraq in exchange for electricity purchases.