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 ...

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 ...

California Insurance Commissioner Ricardo Lara announced the final major step in his Sustainable Insurance Strategy, issuing a historic regulation aimed at restoring stability to California's ...

The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the ...

Under a new insurance regulation that just got approved this week, California Insurance Commissioner Ricardo Lara said homeowners should have an easier time buying fire insurance. The insurance crisis ...

On August 12, 2024, three Congressional Democrats (Casten (D-IL); Waters (D-CA); and Senator Whitehouse (D-RI)) sent a letter to the National Association of Insurance Commissioners (NAIC), inquiring ...

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 ...

Financial authorities are preparing regulations for the fifth-generation real-loss insurance product, signaling another ...

Initially introduced to address rising medical costs over time, the co-payment scheme allowed insurers and policyholders to ...