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 ...
Insurance regulation is complex, in part, because it’s done state-by-state, meaning there are dozens of different schemes ...
NEW YORK (Thomson Reuters Regulatory Intelligence) - Insurance technology is a rapidly growing fintech derivative that exploits advances such as artificial intelligence and big data to create new ...
A revolution is underway in California’s insurance market that could provide relief to homeowners in high-fire-risk neighborhoods who have found it difficult to find insurers to cover their homes, ...
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 ...
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 ...
Private equity firms have taken more significant investment and ownership positions in life insurance and annuity companies. The positives that come from private equity’s involvement include increased ...
2023 has been a very productive year for regulators advancing their efforts to understand new technologies and consider whether and how to regulate the rapidly developing technologies, including ...