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 ...
A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
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 ...
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 ...
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 ...
The raging wildfires that have become a mainstay in certain California communities are not only devastating family dwellings — they are also impeding Californians from procuring the insurance ...
The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the ...
LOS ANGELES (KABC) -- Thousands of California homeowners were recently dropped by their insurance companies, with some facing massive rate hikes. On Tuesday, some of them gathered for a press ...
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 ...
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