At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas of ...
Much of the activity surrounding the state insurance regulation of artificial intelligence (“AI”) in the insurance industry this year was prompted by the NAIC Model Bulletin: Use of Artificial ...
Congress’ call for a new federal agency to oversee insurers still relies too heavily on ill-equipped state regulators to stem risks posed by bond insurers, traders, and reinsurers, writes CFR’s Marc ...
The California Department of Insurance announced legal action Monday against State Farm General Insurance Co. following an ...
In the business world, adhering to industry regulations is not just a formality—it’s a necessity for legal operation, competitive edge, and public trust. Legal and regulatory considerations for ...
Home insurance rates in Florida are actually declining even though premiums are going up. Here's the reason why.
(The Center Square) – The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the General Assembly reconvenes later this month. Illinois ...
In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy Patronis may have ...